Introducing David Beckham, the first "time-share" football player
He will also benefit from the winter break in Serie A and believes that will make him at least as fresh as any Premier League player when the World Cup comes around.
Sources have confirmed that all parties are in agreement but Milan general manager Adriano Galliani said it may be Monday before the deal is officially signed off.
Galliani said: "The Galaxy and us are going back and forward with corrections to the documents but we should be there although it's not official yet.
"The crucial day for the signing could be tomorrow or Monday.
"But the important thing is that Beckham is here with us and that he is playing for Milan."
The 33-year-old has been a big hit in Milan since his arrival in Serie A in January, making nine league starts and scoring twice.
Beckham moved to the Galaxy in 2007, signing a five-year deal. He does have an escape clause in that contract which comes into effect in November, halfway through the term, but he would have to pay hefty compensation to exercise it.
The 'timeshare' agreement means he will miss at least 17 games of this year's Major League Soccer season, which has a total of 30 matches per club. His return to the US now looks set to be on July 18 at the New York Red Bulls.