“My hope is that I can coach Kaka for many more years but we have to look at what the club evaluates regarding an offer that has been presented.

“It’s normal that regarding the player there is a lot of importance placed for his role that he has at Milan.

“The stories change, you cannot think of the football of 20 years ago, in football great investors are entering and it’s normal and right to evaluate it in this way.

“The aims remain the same for the team, with or without Kaka.”

City have reportedly made a £108m (€120m) offer for Kaka.

The 26-year-old midfielder is under contract until the end of the 2012-13 campaign, and said this week he wanted to remain with Milan for a very long time.

Real Madrid and Chelsea previously failed with bids to prise the Brazil international from the Rossoneri.

But Milan appear to be weighing up an offer that could be too good to turn down.

Yesterday, the director of AC Milan's television channel, Mario Suma, claimed the club were pondering an offer for the Brazilian from Manchester City but to date, the club officials have remained tight-lipped on the player's future.

Kaka expressed his hope that he “would grow old” at the club in an interview on Wednesday but also conceded that “I reiterate what I have always said, they (City) can make the offer they want to make but it will depend on Milan.

“What happens will be decided by Milan.”

Ancelotti says Kaka’s situation will not destabilise the team this weekend when they face Fiorentina in a hugely important game.

“Kaka is professional,” he said. "We need a great performance from him against the Viola.

“I don’t think the team will be conditioned. The team is experiencing this situation from a distance.

“There is some movement, we need to be calm, we need to be focused in a game that has a lot of importance in our future.

“We cannot be too alarmed. I know what the fans are thinking but they have to be brave.”