Adriano Galliani has blasted reports Milan are in talks to sell some of the club to Russian or Qatari investors.
The rumours have circulated in recent weeks that President Silvio Berlusconi is trying to bring in new figures to eventually take over the club, which he has owned since 1986.
“There are no negotiations to sell Milan shares, not with Arabian nor Russian investors,” Vice-President Galliani told Sportitalia.
“There are simply no negotiations at all.”
See the latest Serie A predictions and betting tips with Eurotips.co.uk