AC Milan vice-president Adriano Galliani denies the club is up for sale.
Rumors have circulated in recent weeks that President Silvio Berlusconi is trying to bring in new figures to eventually take over the club, which he has owned since 1986.
"There are no negotiations to sell Milan shares, not with Arabian nor Russian investors," Vice-President Galliani told Sportitalia .
"There are simply no negotiations at all."