AC Milan have denied receiving a 150million euros offer from Chelsea or any other club for Kaka.

The Brazilian playmaker is rumoured to be a top target of the London outfit but the Rossoneri are adamant they will not sell their star player.

And vice-president Adriano Galliani told the club's official website: "The offers for Kaka are only in the newspapers and they make up stories.

"Today there are talks of a 150million euros offer and tomorrow it will be 200.

"Nothing is true, neither from Chelsea nor from any other club have we received that kind of offer."

Galliani admitted holding talks with Chelsea owner Roman Abramovich earlier this summer and inquiring about the possibility of taking Chelsea striker Andriy Shevchenko back to the San Siro this summer.

"It is true that I was on Abramovich's boat," said Galliani. "It's true that he has had me as his guest and that I asked him for Shevchenko and he asked me for Kaka.

"But it finished 0-0 as we told him no for Ricky (Kaka) and they said no for Andriy.

"In any case there was no mention of numbers. Hence, I don't know where the figures read in the newspapers come from.

"We have a great relationship with Chelsea from a human level, but that doesn't mean they will say yes for Sheva and we will say yes for Kaka. I believe Kaka is happy at Milan."

Galliani's denials come on the back of a similar response from Chelsea chief executive Peter Kenyon, who said the club had made no offer for Kaka, and were instead focusing on Robinho.

But Galliani did reveal Madrid have reignited their long-standing interest in Kaka.

He added: "I can say that Madrid have again asked about Kaka.

"We will never sell him. Even if we received an offer of €300million (£238.4million). The only way we would ever consider letting him go is if it was his desire."

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