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AC Milan can't afford Bayern Munich midfielder Sanches, says CEO Fassone

The Rossoneri chief says the capital club are being priced out of a move for the 19-year-old Bayern outcast, who is expected to leave this summer

AC Milan CEO Marco Fassone said there are no negotiations for teenage midfielder Renato Sanches due to Bayern Munich's asking price, though they are willing to talk if the Bundesliga champions lower their demands.

Sanches has impressed during Bayern's International Champions Cup campaign but the 19-year-old Portugal international is expected to leave with Milan linked, having only made nine starts under head coach Carlo Ancelotti last season.

Milan are reportedly keen on an initial two-year loan deal with the option to buy for €40million in 2019 but Fassone revealed the Italians are being priced out of a move.