Reports suggest Milan vice-president Adriano Galliani, who is also said to be preparing a bid to buy the Serie A club, is in London to discuss the deal.

However, Berlusconi insists neither story has any basis to it.

“They are all stories, there’s no truth at all,” he told reporters.

“I don’t know anything, I haven’t talked to Galliani: I also learnt this from journalists and I was surprised.”