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AC Milan forward Kaka's father says no deal has been agreed for the playmaker to join Real Madrid in the summer.
Reports linking the Brazilian, 27, with a £60m move to Real were sparked after Florentino Perez confirmed he would run for the presidency of the Spanish side.
In a statement released on AC Milan's website, Kaka's father Bosco Leite said: "There's no agreement with Real."
Manchester United have also been linked with Kaka who turned down a £100m move to Manchester City in January.
Spanish newspaper Marca reported that a deal for Kaka to move to Real was so far advanced that all that needed to be agreed was the commission Leite would receive.
But Leite insisted: "There's no truth to the claim that the player has already signed a contract with the Spanish club.
"Kaka remains concentrated on the last matches of the season and remains very tied to Milan.
"Any piece of information on the player's career is only to be considered official and credible if it comes through his representative or through Milan.
"Any other source of information is to be considered inaccurate."
Perez implemented Real's 'Galacticos' policy, which saw the club sign star players such as David Beckham, Zinedine Zidane, Ronaldo and Luis Figo.
Perez is the only candidate to announce his intention to stand in Madrid's election and it is possible it could be unopposed, which would allow him to begin his second tenure on 1 June.
Source:BBC
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