[Warchant]

MILAN, Italy (AP) - AC Milan has denied a report that the Abu Dhabi United group will purchase 40 per cent of the club.

Milan and club president Silvio Berlusconi's Fininvest holding company issued a joint statement saying that "the news has no basis."

Italy's leading newspaper, Corriere della Sera, reported Tuesday that after failing to purchase Kaka, Abu Dhabi United had switched its focus to buying part of Milan. The paper did not cite any sources, but said the offer would be €500 million ($640 million).

Last month, Milan playmaker Kaka rejected a reported 100 million pound transfer offer from Manchester City, which is controlled by Abu Dhabi United.

"Fininvest Spa, which controls AC Milan, denies in the most categorical manner press speculation concerning possible changes to the football club's assets," the company said. "This is a journalistic hypothesis without any basis."

[CrazyMilanFan]

they wanted kaka they wanted r80 as well both are in milan buying players for milan will be much easier for them than city so it does make sense that they want to get into milan and then sell city we have denied it dont know what wouldh have happend had we accepted it