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Kaka appears to have turned down Manchester City's £91m offer, by claiming he wants to "grow old" at AC Milan.

The Brazilian playmaker was the subject of a world-record bid yesterday, with Sheikh Mansour, City's billionaire owner from Abu Dhabi, reportedly willing to offer Kaka around £13.6 million a year after tax.

However his latest statement, which has appeared on the website of Mediaset, a company controlled by Silvio Berlusconi, the Milan president and Italian Prime Minister, may now bring an end to City's hopes of completing the deal.

"I want to grow old at Milan," Kaka said. "My aim is to become, at some point in the future, the captain of this team.

"I know there is a pecking order, with (Paolo) Maldini at the front at then (Massimo) Ambrosini, but after that...

"I have already turned down some major offers."

Officials from the Barclays Premier League club met their counterparts from the Serie A team in Milan yesterday, however, yesterday Berlusconi, the Milan owner, attempted to play down reports of the offer.

“I don’t know anything about any offer, but I do hope Kaka is not for sale and that he stays," he said.

Earlier today, Diogo Kotscho, Kaka's spokesman, warned that it would take more than a huge salary to tempt his client away from the San Siro.

"Kaka wouldn't do anything based on money", he said. "He would never do something like Robinho [the striker who joined Manchester City for a British record £34.2million in the summer], who, just to earn more, contented himself with a solution that was not a winning one."

The 26-year-old's agent also indicated that were he to leave Milan, it would only be for another “big club”, one that would challenge for the major trophies. Kotscho confirmed Kaka wants to play in the Premier League at some stage and that he would consider other clubs if City's offer does not suit either Milan or himself.

"Yes he will," he added, "but as I said we have to have a deal between the two clubs and negotiations with AC Milan for Kaka ... is a very difficult challenge."

Kaka, who won the Ballon d’Or and Fifa World Player of the Year awards 12 months ago, signed a new contract at the San Siro last year that pays him £10m this season and rises by a million pounds each year until it expires in 2013.