LONDON, ENGLAND - Sunday, August 31, 2014: Liverpool's Mario Balotelli in action against Tottenham Hotspur during the Premier League match at White Hart Lane. (Pic by David Rawcliffe/Propaganda)

CONFIRMED: Mario Balotelli completes AC Milan return

Liverpool forward Mario Balotelli’s season loan back to AC Milan has finally been officially confirmed.

CHARLOTTE, USA - Saturday, August 2, 2014: AC Milan's Mario Balotelli in action against Liverpool during the International Champions Cup Group B match at the Bank of America Stadium on day thirteen of the club's USA Tour. (Pic by David Rawcliffe/Propaganda)

The maverick 25-year-old rejoins the side from which the Reds signed him for £16 million a year ago, with Liverpool confirming the news on Thursday morning.

Balotelli wrote on his official Facebook page: “I’m grateful to Liverpool FC and Liverpool fans for the time and opportunities you gave me.

“It’s not a goodbye but rather a farewell. I’ll be supporting you guys all the way in every competition… unless you face AC Milan.”

Reports claim that Balotelli has taken a pay cut to complete the move back to Milan for a season, while Liverpool will also subsidise his wages – some reports had suggested by up to 50 per cent.

Balotelli started just 14 games in all competitions for Liverpool last season, appearing as a substitute in 14 more. He scored four goals; one in the Premier League, one in the League Cup, one in the Champions League, and one in the Europa League.

It’s reported that Milan will not be obliged to purchase Balotelli at the end of the loan spell, while they also won’t pay a loan fee for the Italian forward.