Milan have ruled out a summer move for Artur Boruc as they feel Celtic's asking price is too high.
Poland international Boruc impressed Milan boss Carlo Ancelotti during the UEFA Champions League meetings with the Serie A side.
But Ancelloti said: "I wanted to bring Boruc to Milan about a year ago but now the price is too high.
"Milan cannot afford Boruc. We made some efforts but it did not happen and now I have three goalkeepers, in any case."
Boruc could now be set for a switch to Arsenal, with Arsene Wenger watching from the stands during the Euro 2008 clash with Germany on Sunday.