Multiple reports have confirmed that Parma have made their first official bid for Mihailo Ivanovic by submitting a formal offer. The Millwall forward has long been admired by the interested team, who see him as the perfect addition to their squad ahead of the run-in. Whether the current offer will be enough to tempt Millwall to part with a prized asset remains to be seen. Parma remain optimistic, but the deal is not without hurdles. Leicester continue to monitor developments and could yet re-enter the race if negotiations stall or valuation gaps remain unresolved. Parma's 25/26 output of 0.6 goals per game is behind league levels. The addition of Mihailo Ivanovic would give them the sharper edge they're missing in front of goal. Reports suggest Parma are monitoring Jordan James whereas Millwall have not been associated with other players at this stage. Want more transfer rumours like this? Follow us on Twitter @PlayerSwitchCom for up-to-the-minute transfer news direct to your feed.