Sky Sport Italia last week suggested Brescia outcast Balotelli could join Como in Serie C to kickstart his career, and the club's CEO Michael Gandler fanned the flames of the rumour yesterday.
“There’s been some contact between the two parties,” he said to La Provincia di Como.
“His [Balotelli's] representatives sat down to listen to us.
"I can’t say any more than that..."
Despite a rocky few seasons, playing in Italy's third tier would be a massive drop for 29-year-old Balotelli.
Como finished 13th in Serie C this season but have grand ambitions under new billionaire Indonesian owner Robert Budi Hartono.
Italian striker Balotelli will depart Brescia at this season's close, with the club's relegation confirmed in the latest league round.
The former Golden Boy winner hasn't featured for the Rondinelle since before the COVID-19 lockdown due to a reported complete breakdown in their relationship.
He scored five goals in 19 appearances for Brescia this season.