The 27-year-old has now told Rai Sport that he is targeting a move to two Serie A heavyweights, having "matured" with his current employers.
"My agent Mino Raiola is taking care of my future. All I know is that I have matured and I am ready to come back to Italy," Balotelli said.
"I think it'd be very difficult to come to Milan, as it would be the third time, but Juventus and Napoli are two teams that I like."
Balotelli, who won the Premier League title with Manchester City, also spent time with Liverpool in the English top flight.