Dubai government officials have denied reports that Sheikh Mohammed is planning to buy a major stake in AC Milan.
Milan-based business newspaper MF reported that Sheikh Mohammed was planning to make a 400million euros (£347million) offer to secure a 40 percent stake in the Serie A football club.
A Dubai government official, speaking on the condition of anonymity, said neither Sheikh Mohammed nor "any of his advisers are in discussions to purchase a stake in AC Milan".
The Rossoneri, who are sponsored by Emirates airline, spent a week-long training camp in Dubai earlier this year.
Milan are currently at the centre of a developing transfer saga with playmaker Kaka linked with big-money moves to both Real Madrid and Chelsea.
Club president Silvio Berlusconi has admitted he will hold talks with the Brazil international on Monday and will leave a decision on his future in his hands.
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