Cape Town - AC Milan boss Adriano Galliani has denied receiving any bid from Arsenal this summer for Italy striker Mario Balotelli.
Reports on Sunday claimed Arsenal had reached a £15.8million fee agreement with Milan for the 23-year-old but Galliani stated there had been no bid.
"We have not received any offer (for Balotelli) and at this time, there is nothing from Arsenal," said the Milan CEO.
Balotelli is currently in New York on holiday following his World Cup exploits with Italy, but is expected to link up with his club teammates for their US tour early next week.