AC Milan have moved to deny reports that they have approached Pep Guardiola, a supposed target for Chelsea, with regards to replacing current Rossoneri manager Massimiliano Allegri.

Guardiola is reported to have his sights set on a move to the Premier League next summer, with Chelsea seemingly the former Barcelona boss's most likely destination, but he has also been linked with a move to AC Milan.

Allegri's time with Milan looks destined to end relatively soon given a poor start to the 2012-13 campaign, and Guardiola was reported to be among the leading candidates to move to the San Siro.

Reports in Italy claimed this week that AC Milan chief executive Adriano Galliani had met with the ex-Camp Nou manager about the possibility of joining the club, but this has since been dismissed by the Italian giants.

"AC Milan deny recently released media stories of a meeting between club officials, in particular club CEO Adriano Galliani, and Mr. Guardiola or his agent," read an AC Milan statement.

Chelsea are the favourites with the bookmakers to win the race for Guardiola, despite Roberto di Matteo's impressing as the Stamford Bridge club's current manager.

Di Matteo won the FA Cup and Champions League as interim Chelsea boss last season, while the Blues have lost only once in the Premier League this term under his guidance.

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