AC Milan vice-president Adriano Galliani says coach Carlo Ancelotti will almost certainly stay at the club.
The Milan coach has been linked with a move to Spanish giants Real Madrid for some time in the Italian press.
Gallianai, though, says he is not worried by such speculation, insisting his coach is staying put.
Reported to be investing heavily in the summer, Galliani also stated that the club would wait until they knew which European tournament they were playing in next term before splashing the cash.
Future"It's 99.99 percent certain he will stay," said Galliani of Ancelotti's future.
"All transfer dealings will begin the day when we know exactly what competition we will be in.
"I think and I hope it will be the Champions League. As for Ancelotti and Real - I'm not worried.
"He has a contract (until the end of next season) and then (Real president) Florentino Perez keeps telling me he's a friend, he would never do this without telling me.
"All this attention shows that he is a coach in demand and we were clever in signing him."