AC Milan coach Carlo Ancelotti insists the club will not make any "rash signings" despite being relatively inactive in the transfer market so far this summer.

Milan became the final Serie A side to begin their pre-season preparations on Monday, two months to the day since they claimed the Champions League trophy.

He told the club´s own television station Milan Channel: "I have heard that the fans are a little unsettled about the transfer market, which has not got going yet, but I say that it has already started. The fact we are starting with lots of players who were not here last season for various reasons is already a bonus."

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