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Punished AC Milan insist 'No-one will leave'

AC Milan are adamant there will be no big-name departures this summer despite their absence from next season's Champions League.

Milan were docked 44 points from their 2005/06 tally for their part in the Italian match-fixing scandal, meaning they will miss out on European football's premier club competition when the new campaign resumes.

They will also start the 2006/07 season in Serie A with a 15-point deficit.

Despite the loss of income generated by the Champions League, Milan insist they do not need to balance the books by selling their more valuable players.

'No-one will leave,' said a statement on the club's official website.

Milan did sell Andriy Shevchenko to Chelsea earlier this summer as the Ukrainian was eager to join the Premiership champions.

However, the club has reiterated he is an exception to the rule.

'After Shevchenko there will be no others,' continued the statement.

'Milan wants to make it clear, to everyone and with the utmost respect and seriousness, that contracts will be respected.'