AC Milan vice-president Adriano Galliani has revealed that the club have no plans to increase their offer for Los Angeles Galaxy midfielder David Beckham.
The former England captain is currently on loan at the Serie A giants, but is due to return to parent club LA Galaxy on 9th March.
Milan are keen to secure Beckham's signature on a permanent basis, however LA Galaxy expect to retain his services.
Galliani recently claimed that "progress" has been made over agreeing a fee for Beckham, although LA Galaxy chief Tim Leiweke has insisted their bid remains short of the asking price.
And it now appears that talks have reached a deadlock, with Galliani confirming Milan have no intention of upping their bid for the 33-year-old.
Galliani told Gazzetta dello Sport: "Milan have offered what we consider right for an eight-month loan, because, as confirmed by Leiweke, on 30th November David can become a free agent.
"I don't want to cause an argument. I thank Galaxy for having allowed us to have Beckham on loan during these recent months.
"We have no intention of upping our offer. I have the experience to know the price of a player. It doesn't make sense to spend more."
Reports in the Italian press claim that a deal could be agreed whereby Beckham remains at Milan until the end of the Serie A season before returning to LA Galaxy in June for the MLS campaign.