Porto have told Milan that if they want to sign Hulk then he'll cost them an incredible €100m.

Rossoneri Vice-President Adriano Galliani admitted his interest in the striker recently which fuelled suggestions of a bid.

But speaking to the Portuguese media, Porto chief Pinto Da Costa has rubbished the speculation.

"Hulk to Milan must be a joke," he stated. "They previously wanted Aly Cissokho [in 2009] and they could not do it.

"They got that story about his teeth as an excuse, when in fact Cissokho has better teeth than I do. It is ridiculous.

"We've not had any offers for any players at the moment, but whoever wants to sign them will have to meet their release clauses.

"Hulk's is set at €100m and I won't let him go even if someone offered me €99m. You either pay that figure or nothing."

The Brazilian striker, 24, is expected to move on at the end of the season with a number of Premiership clubs keen.

Although Porto are unlikely to sell him for the €100m suggested, a more realistic transfer fee may still be too steep for Serie A sides.

Buy Serie A tickets on Viagogo, the secure ticket marketplace, for games featuring Juventus, Milan, Inter, Roma and more.