AC Milan president Silvio Berlusconi says the club will not move for Manchester City striker Mario Balotelli or Real Madrid's Kaka.
Speculation has linked the club with a swoop for the out-of-favour Balotelli, with City reportedly ready to drop his asking price to 20 million pounds.
Milan were also in talks with Real Madrid about the possibility of bringing Brazilian playmaker Kaka back to the San Siro, but Berlusconi revealed his club may not have the finances to pull off either move.
Speaking on Radio 2 in Italy, Berlusconi said: "Neither Balotelli nor Kaka will arrive at Milan. These are impossible deals in times like this."
Milan have been attempting to downsize financially, allowing Zlatan Ibrahimovic, Thiago Silva and Alexandre Pato to leave since the end of last season.
A move for former favourite Kaka would be welcomed with open arms by the fans, but now looks unlikely, at least for the time being.