The deal to take Andriy Shevchenko back to Milan from Chelsea has collapsed after the two clubs failed to agree the terms of the transfer.
“Talks over Shevchenko are deadlocked at the moment,” Milan chief executive Adriano Galliani said.
“Milan were interested in taking the player on loan with the right to buy but Chelsea said no because they wanted a full sale, therefore negotiations are over.”
Shevchenko cost Chelsea £30million when he moved from Milan two summers ago.
