AC Milan president Silvio Berlusconi has denied claims that he was planning to sell the club.
According to Sky Sports, Berlusconi said: "Milan is not for sale, not for €500million and not for 510 million, it's worth a lot more than that.
"Let's not joke around here, certain things are sacred."
There were rumours that the Italian Prime Minister was contemplating selling his share of the club to either Singaporean businessman Peter Lim or Chinese billionaire Zong Quinghou.
Lim in particularly was reported to have made an offer of £411 million for the club.
Now that Berlusconi has swiped away these bids, questions will be asked whether he has plans to invest in the club this summer after a poor finish in the league.
The seven-time European Champions are seventh in the table with four games remaining and despite making a number of acquisitions in midfield and upfront - such as Mario Balotelli and Honda - the club have been in need of new recruits at the back for years.
Next up for Milan is Roma who have their eyes firmly on the Serie A title and are currently joint top of the table with Juventus.
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