JOIN US"Dreaming isn't forbidden," he added.
"Dreaming isn't forbidden, and sometimes dreams come true," Berlusconi told an Italian TV channel.
"In the next transfer period, if we win the league title, we will be buying one or two big names," Berluconi told Italian channel Italia 7 Gold Tuesday.
"If we signed Ronaldo, I think it would make everyone happy."
"The opportunity of adding a champion like Ronaldo to this team will undoubtedly please our fans, but the team will definitely be stronger and more competitive," said Berlsuconi.
The 25-year-old Portuguese forward was sold to Real Madrid by Manchester United for a record 94 million euros in mid-2009.
Ronaldo has had an outstanding season, scoring 39 goals in all competitions, and Madrid coach Jose Mourinho is adamant his star man is not for sale.
Milan is currently at the top of Italy's Serie A, three points clear of second-placed Napoli with six games left.
Veteran Milan midfielders Clarence Seedorf and Andre Pirlo have been tipped to leave the club this at the end of this season and both have been linked to Manchester City.