AC Milan Can't Afford Luis Fabiano - Sevilla President

Luis Fabiano is unlikely to move to Serie A this summer, according to Del Nido...

Jose Maria Del Nido, Sevilla (Peace Cup)
Negotiations between Sevilla and Milan for striker Luis Fabiano are on the verge of collapsing, after the Spanish outfit's president, Jose Maria Del Nido, claimed the Italian outfit do not have the funds necessary for the Brazilian hitman.

The Rossoneri have reportedly come to an agreement with investment firm RIO, that owns a majority 65 per cent of the striker, but talks with Sevilla have been more difficult after they have seen at least one bid rejected.

"Milan do not have the money to acquire Luis Fabiano," he bluntly explained, according to Goal.com Espana.

"The first offer we received was worthy of a reserve team player."

The club patron now seems confident that the Confederations Cup hero will continue to ply his trade for the Rojiblancos.

"Luis has renewed his contract with us. I think he will remain in Seville for the next two years," he concluded.

The player himself has stated his desire to join the Rossoneri, but it appears the Serie A side are unwilling to reach the Andalucian club's asking price, which is rumoured to be in the region of €20 million.

Adam Scime, Goal.com

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