Italian international not for sale according to club statement.
AC Milan star Stephan El Shaarawy is not for sale after holding showdown talks with club official Adriano Galliani on Tuesday.
The 20-year-old has been linked with an exit this summer, after the Rossoneri admitted that if a significant offer came in for the youngster, they would have to consider it.
However, having returned from the Confederations Cup to discuss his future with Galliani, the club released an official statement on their website on Tuesday evening, revealing that talks had gone well and that the two parties have agreed to continue together.
“The meeting between Adriano Galliani, Stephan El Shaarawy and his entourage has taken place,” read a statement on the club website.
“It all went well. Stephan, who has always been a Milan fan, confirmed his strong desire to continue playing in the Rossoneri jersey.
“That proposal was shared by Milan with conviction and trust. Milan and El Shaarawy go forward together, as they have done since June 2011.
“No transfer, no rumours, no links. Milan, the Rossoneri colours and the Pharaoh will absolutely stick together.”
The Italian international had been of interest to Premier League duo Manchester City and Chelsea according to reports, but it is unclear how interested they really were given his inflated price-tag.
PSG and Napoli were reportedly monitoring the situation too, and while it would appear that all the interested clubs have been left disappointed, Galliani and Milan have a habit of changing their minds and so this story may not over until the transfer window closes.
El Shaarawy must now focus on improving ahead of next season, after he was criticised in the second half of the last campaign as his performance level dipped dramatically.
Critics suggested an incompatibility issue with Mario Balotelli, but the two stars remains good friends off the pitch and will now hope to translate that when they return to action later this month.