I will be LIVID is this happens.
1. He was sold for a reason
2. He was sold, which means that there is no recall. We purchase him again, which eats our midfield budget
3. He doesn't fit tactically with the two core forwards: SES and Balotelli
4. It is time to move forward, not backward.
I assume that it is a BS report, but it wouldn't surprise me to see Ace and Gary do something stupid like blow the transfer budget on Pato instead of midfield and defense.