Inter Milan insist no agreement has been reached with Chelsea over the transfer of Argentina striker Hernan Crespo to Stamford Bridge.
The Italian giants had representatives in London today negotiating with the Premiership side.
Chelsea, looking to spend more of Russia billionaire owner Roman Abramovich’s money after his £75m (€108m) outlay so far, have targeted Crespo.
Marco Branca, Inter Milan’s sporting director, said: “We (Branca and technical director Gabriele Oriali) are returning to Milan today.”
“We are very calm. There have been no major movements. We will have to wait a couple of days to see if its either everything, or nothing.”
When told of reports in England that Inter had agreed to accept £16.5m (€23.8m) for the player, Branca said: “There is absolutely no agreement with Chelsea over the transfer of Hernan Crespo.”