Brazilian international Kaka, the former World Player of the Year, has decided to stay at AC Milan and in doing so, has rejected the advances of Manchester City.
The Premier League club, backed by finance from Abu Dhabi, had bid a world record fee in excess of £100 million for the player and had offered him wages in the region of £500,000 a week.
But despite days of talks, City have issued a statement saying they had ended negotiations, believing it was unlikely a deal could be struck with Milan.
Executive chairman Garry Cook said:
The discussions reached only a preliminary stage and the player was not involved at any time.
Meanwhile, it’s been reported that Robinho has walked out on the club after a spat with manager Mark Hughes.City’s players are currently enjoying a winter break at a training camp in Tenerife.
The club has yet to comment on what sparked the disagreement and whether the player had permission to leave. Either way, its believed that Robinho is heading back to Brazil.
Better news for City fans is that the Welsh captain Craig Bellamy has completed his £14 million move from West Ham and that the club have ‘reached agreement’ with Hamburg for the transfer of Dutch international Nigel de Jong for a fee of between £14 and £18 million.
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The discussions reached only a preliminary stage and the player was not involved at any time.

Workout Planet said: Comment 20 January, 2009 @ 10:46 am
I knew Kaka would stay at AC Milan, as I said in other comments here at footy boots, its now all about money when we talk about Kaka. He is one of the only brazilian players that don’t come from a poor brackground, he is not a mercenary like 97% of Brazilian players. Great decision KAKA, with all my respect to Man. City’s supporters, I don’t see Kaka playing at a club with no tradition nor international projection.