But Kaka, who admits he is indebted to Ancelotti for the opportunities he gave him in Italian football, insists he is going nowhere.
Related ArticlesTop 20 transfer targetsPerez on hunt for KakaPaper View: Ancelotti quids in if he wins the lotAncelotti sights on Champions LeagueLampard and Terry key to Ancelotti's hopesAncelotti chases holy grail"I say it for the last time, I don't want to leave Milan. In this period I prefer to stay quiet because I don't want to be misinterpreted," he said.
"To the millions of Rossoneri [AC Milan] fans I say my decision has been made. I have said I want to stay. Now please leave me in peace.
"Thank God we qualified for the Champions League. We missed it and I missed it. I want to keep winning with Milan. I'm staying at Milan. And as of today, this case is over."
His comments will go a long way to reassure Milan director Adriano Galliani who earlier this week admitted the club was incapable of competing with the finances and salary offers of other Europeans clubs.
"If we continue like this, we will become a small league," Galliani said. "We have had requests for Kaka and Pato from two of Europe's biggest clubs and we will try and resist them.
"But there is an uneven playing field. Today, Barcelona and Real Madrid have an income which is double that of ours."
Earlier this year Kaka was the subject of a £108m bid from Manchester City but the deal collapsed after Milan pulled out of negotiations.
This failure to sign the 2007 Fifa Player of the Year should be a lesson to other clubs trying to sign him, says Kaka's team mate Ganarro Gattuso.
Dispelling rumours that Kaka would move or that Ancelotti will try and lure members of his former squad to Chelsea, Gattuso said: "I don't think he'd [Ancelotti] try to break up a Milan team that he cares about and has such a good relationship with.
"There will always be reports about Kaka because he is one of the greatest in the world but I think the English clubs got their answer about Kaka in January - and the answer will still be the same."