AC Milan have stressed that Stephan El Shaarawy will not be leaving the club following rumours of interest from Manchester City and Chelsea.
El Shaarawy, 20, has been linked with Premier League duo City and Chelsea after scoring 16 league goals in his second full season with Milan.
The striker signed a one-year contract extension in February to commit himself to the San Siro until 2018, and now Milan have acted by commenting on his future.
The statement on their official website read: "There has been a meeting between (Milan vice president) Adriano Galliani, Stephan El Shaarawy and the young star's entourage.
"Everything went well. Stephan has always been an AC Milan fan and has reiterated his determination to continue playing for the Rossoneri.
"That pledge was reciprocated by Milan, with conviction. Milan and El Shaarawy will move forward together, as they have since 2011.
"No more talk of the transfer market, no more rumours. AC Milan, the Rossoneri colours and the 'Faraone' will absolutely continue on together."