Kaka will sign a contract that will keep him at AC Milan until the summer of 2015.
Kaka is set to fly to Milano on Monday morning to undergo a medical.
The Brazilian, who has also been linked with the likes of Manchester United and Arsenal, returns to AC Milan on a free transfer.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.