Pato sets decision day Wednesday 1 August, 2007
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Highly-rated Brazilian striking starlet Alexandre Pato has set an August 15 deadline to decide whether he will join Milan or Real Madrid.
The 17-year-old, nicknamed
'The Duck’ 
, has been tracked by a host of top European sides including Chelsea, Liverpool and Inter, but is now ready to join either the Rossoneri or the Merengues.
Internacional of Porto Alegre have reportedly demanded £15m for the youngster’s signature, but his rescission clause is set at just £9m.
“My dad is on his way back from a tour of Italy and Spain where he got to know the set-up at Milan and Real,” Pato told website globoesporte.com.
“Pato will decide in the next few days,” his father confirmed. “Things surely can’t continue in this unsure manner so we have to decide one way and end this saga.
“We will resolve this before August 15 once and for all as there is no point in renewing his contract at Internacional.”
Pato will only leave the newly-promoted Colorado when the Brazilian Serie A season ends in December.
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