AC Milan president Silvio Berlusconi says they won't push the boat out during the January market.

Berlusconi was asked whether there will be new signings in January, especially as Milan have qualified for the Champions League knockouts.

He told Milan Channel: "We will try to keep our books in order, as with this economic crisis in Europe we really cannot afford outlandish expenditures. The idea is to reconstruct a young team within a time-period of no less than three years that can lead to a new era of success. Don't forget the team of champions was built with one big signing per year."