Real Madrid could announce the signing of Milan superstar Kaka next week, according to reports.

Media outlets are claiming that Milan agreed to release the 27-year old Brazilian after confirming that their French star Yoann Gourcuff will return to the San Siro after a stellar loan spell at Bordeaux,

Gourcuff has however since signed a permanent deal with the Ligue 1 outfit to once again shroud Kaka's future in doubt.

Milan vice president Adriano Galliani quickly moved to quell any transfer rumors though, insisting that Kaka is committed to the Rossoneri.

Kaka echoed Galliani's statement, adding: "I've always said that I love it in Milan."

Galliani was less certain about the future of manager Carlo Ancelotti, who is expected to leave for Chelsea once the Serie a season ends this weekend.

"We'll talk about it on Monday," said Galliani.