Chelsea are still reeling after missing out on Romelu Lukaku to Manchester United and are no closer to finding a replacement for Diego Costa.
News of Milan's increasing interest could also affect Chelsea, who were said to be interested in his services, but fellow Italian Antonio Conte may now need to focus his attention elsewhere in pursuit of a striker.
As a result of his stellar showings last season, as many as 8 top European clubs are rumoured to have been in contact with Torino regarding Belotti's availability over recent weeks.
The forward, also understood to be a target for AC Milan, won't come cheap, however.
The Milan giants are splashing the cash this summer as they look to put together a squad to challenge for the Serie A title next season.
Juventus have already sold key defender Leonardo Bonucci and have no intention of selling a key element from the offensive department.
Chelsea seem to be veering more towards Borussia Dortmund hitman Pierre-Emerick Aubameyang, while today Sky Sport Italia claim Belotti has given the all-clear via his entourage to a Milan move.
Torino chief Urbano Cairo has revealed that Belotti has a mammoth £88m release clause for clubs overseas.
"I thought that considering the type of qualities Costa has, that Belotti was the flawless fit".
Belotti, known in Italy as Il Gallo (the rooster), set the Italian top flight alight over the course of the 2016/17 campaign, racking up 26 goals and 7 assists in 35 Serie A appearances for a Torino side who finished in a disappointing 9th in the Serie A standings.