AC Milan turn down Paris Saint-Germain's big-money offer for Thiago Silva

AC Milan have stood firm on their refusal to sell defender Thiago Silva by reportedly rejecting a £37.5m offer from Paris Saint-Germain.

The 27-year-old centre-back has been surrounded by transfer speculation in recent months, and the Ligue 1 side have made no secret of their interest in the Brazilian.

While Silva's representatives have claimed that the player is in talks with PSG, the Italian giants have insisted that they will keep hold of their star player.

It is understood that the French outfit are refusing to stand down in their pursuit of Silva after an offer for the defender was shot down by Milan, according to BBC Sport.

Manchester City and Barcelona were also touted as possible suitors for the defender.