AC Milan chief Adriano Galliani insists Andrea Pirlo was not discussed during a dinner meeting with Chelsea boss Carlo Ancelotti last week.
Galliani said: "There have been no offers for Pirlo and Thursday night with Ancelotti was just a dinner between old friends, seeing as Carletto was in Milan for his daughter's graduation.
"Wednesday night I was at dinner with Gattuso who told us that he was ready to reduce his salary.
"He still has two years left on his contract, so it will move to three years, reducing the salary.
"Gattuso is an example, a true man, extraordinary."