Liverpool rejected as Real Madrid go for AC Milan's Coloccini

Real Madrid were locked in talks with AC Milan over the weekend for Argie defender Fabricio Coloccini.

Milan are ready to sell Coloccini and have also fielded an approach from Liverpool for the 22 year-old.

After talks over a co-ownership deal was rejected by Milan on Saturday, negotiations focused on an outright deal for Coloccini.

Real Madrid have offered £2.75 million, while Milan are demanding £3.5 million. Liverpool dropped out of the equation after Milan rejected a co-ownership proposal.

Talks between Real and Milan will continue today. Real coach Jose Antonio Camacho wants to play Coloccini alongside Walter Samuel in defence this season, though the youngster can also act as a holding midfielder.