Chelsea have struggled in both the Premiership and Champions League this season, and are trying to deal with the crushing blow of losing their manager.
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As a way to resurrect their title hopes, it was reported Chelsea had made an £100 million bid for Kaka, who is deemed to be the World's greatest footballer.
However, Milan have rejected these claims, saying that no such bid has been made and that the player is staying with them.
"Chelsea's mega offer is a hoax," vice-President Galliani told a press conference.
"No team has asked for him (Kaka) with the exception of Real Madrid and when they did, we kindly responded that the player is not for sale."
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