Mario Balotelli's agent has insisted there is 'zero chance' he will leave Manchester City this month, according to Sky Sports.

Mino Raiola has ruled out a January move for Balotelli, who has been linked with a return to Serie 'A' - AC Milan were strongly rumoured to be ready to make a move for the Italy international.

But Balotelli looks set to stay at the Etihad Stadium - until the end of the season at least.

Speaking to Italian radio station GR Parlamento, Raiola said: "There is no negotiation for Balotelli with any club, no meeting, zero. It seems a Grimm Brothers' fairy tale.

"Manchester City won't sell Mario, let alone loan. There are zero chances he moves. But until January 31st, who knows."

The Italian forward has been linked with a move away from City after a series of high-profile controversies, but the defending Premier League champions have so far shown no willingness to offload the striker.

A €37m fee for Balotelli has been mooted, but Raiola was quick to pour cold water on that valuation as well.

"The €37m price? City has never asked for money because they never offered the sale of the player.

"The owners appreciate the player and don't want to sell him. Balotelli is very quiet, obviously he's not happy about not playing but is handling the situation in a different way than in the past, not like a rotten apple."

And, as for the reported first-option between Balotelli's former club Inter Milan and City, Raiola confirmed that the agreement exists, but insisted it means almost nothing.

"The Inter Milan right of first option? There is an agreement between the two clubs, but it does not prevent the player to choose another destination.

"The people who say that this agreement has no value, are right. However, I repeat, there is no negotiation ongoing."

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