Milan have abandoned negotiations with Inter for Matias Silvestre, confirmed Vice-President Adriano Galliani.
“Instead of getting closer with today’s talks, we moved further away,” he told Sky Sport Italia.
“Therefore we are looking to other objectives instead. Have we abandoned the Silvestre option? Yes.”
Milan had been eager to take the defender on loan after Daniele Bonera was ruled out for three months with a fractured knee-cap.
It is reported Inter wanted either to sell Silvestre or loan the Argentine out for a fee with option to buy.
Galliani was speaking ahead of the ceremony to draw up the Serie A 2013-14 fixture list.
Think you know your Italian football? Share your knowledge, tips and comments to win cash prizes in OLBG's tipster competition - £11,000 to be won monthly!