Corinthians chief denies AC Milan agreement over Pato fee
Monteiro has quashed those rumours saying that the initial fee is too high.
"I had a meeting with the CEO of Milan [Adriano Galliani]," he told reporters. "It was only an initial talk - the negotiation is complicated.
"The figure is high and the player is young. Galliani and I will meet next week and we will talk more."