Palermo president Maurizio Zamparini has revealed he's rejected a bid from AC Milan for Franco Vazquez.

Vazquez has also been linked with Chelsea this season.

"Milan asked me for him but the €25m they offered isn't enough," Zamparini said to Radio Due.

“If they tell me €30m then very well, but not until June.

“Of course, I could also sell him in January. On what conditions? If they offer me €30m plus the VAT, which is 22 per cent."