AC Milan GM Adriano Galliani admits free agent Martin Caceres has rejected their contract offer.

The defender is also in talks with Crystal Palace.

Galliani said, “Caceres thought about it. We proposed an offer he considered to be insufficient. He passed all the medicals, but we could not agree personal terms.

“I wish him the best in finding another club. I thought he could be useful for us, because he can play on the right, the left and in the middle of defence. We'll wait for Luca Antonelli and Mattia De Sciglio to recover.

"The transfer market is closed."