The AC Milan CEO has revealed the Italian club were priced out of signing the midfielder, saying the Bernabeu side's desired figure was "unthinkable" for the Serie A outfitAC Milan CEO Adriano Galliani has stated the reason the club failed to sign Kaka was because Real Madrid asked for an unrealistic transfer fee.
The Brazilian enjoyed immense success during a six-year spell at the Italian side but has struggled to leave a lasting impression in the Spanish capital, leading many to believe there was a possibility he would make a return to Milan.
However, Galliani has spoken out as to why the projected move failed to come to fruition.
"The story about Kaka is a closed chapter for me," he told Corriere dello Sport. "Real Madrid wanted €18 million [£15.5m] - a figure that given his age and salary demands made a deal frankly unthinkable."
While Madrid's asking price may have been steep for a 30-year-old who has had multiple injury problems, €18m [£15.5m] would still represent a massive loss on the €68m [£60m] that los Blancos paid for the Brazil international in 2009.
The Rossoneri may have missed out on Kaka, but they signed Mario Balotelli from Manchester City for an estimated €19m [£16.5m] in an attempt to give them more attacking options as they attempt to challenge for a Champions League place.