Livorno admit AC Milan rejected the chance to sign Juventus star Giorgio Chiellini.
Chiellini first broke through while a young defender at Livorno.
"I dined with Milan boss Massimiliano Allegri, Vice-President Adriano Galliani and Napoli President Aurelio De Laurentiis on Saturday," Livorno chief Aldo Spinelli told Radio RAI.
"Talking to Galliani, we remembered when he didn't want to spend 4m for my Chiellini who was with us at the time.
"We had a little laugh "