Milan have denied receiving any offers for Mario Balotelli amid reports that Liverpool had lodged a £17.5m bid for the Italy striker.

Adriano Galliani, Milan’s vice-president, responding to reports suggesting that Liverpool had made Balotelli their main target to replace Luis Suárez, said: “At this time we have not received any offer from Liverpool for Balotelli. Therefore, there is no negotiation. We will see as the transfer market ends on 1 September.”

Balotelli played almost three seasons at Manchester City before being sold to Milan for £17m in January 2013.