Reports over the weekend suggested Kaka could be on his way to Stamford Bridge in a world record deal.

Kaka's representative fuelled rumours of a move to west London by claiming that the player would be interested in a switch to the Blues.

However, Milan moved quickly to dispel the rumours by saying Kaka was not for sale and Galliani says Milan president Silvio Berlusconi rejected the mega bid from Chelsea.

"It's true that Chelsea made a conspicuous offer, but I will not say how much it was," Galliani told the Italian press.

"It is equally true that we said no. President Silvio Berlusconi rejected the chance to sell Kaka, just as he told Real Madrid no in 2001 for Andriy Shevchenko."

Galliani insists Kaka and Juventus target Clarence Seedorf will be staying with the Rossoneri for the new season.

"Kaka is going nowhere and neither is Clarence Seedorf," added Galliani. "The fans can sleep easy."

Kaka, however, admits he is unsure of his future claiming two clubs are chasing his services with Real Madrid thought to be rivalling Chelsea for the South American's signature.

"When I return to Italy I will know what's going to happen, but at the moment nothing is certain," said Kaka.

"There are two teams who are very interested in signing me, but now I do not want to talk about it.

"Until we return to Milan and know how things are, we cannot decide what happens with my future."