Italian Premier and AC Milan president Silvio Berlusconi says Kaka will remain with Milan, rejecting a record offer from Manchester City. “Kaka is staying with Milan,” Berlusconi told a TV show late Monday. “For Kaka, money isn't everything.” “Kaka is and remains with Milan,” Berlusconi added in a phone interview with the “Processo di Biscardi” show. City's bid for Kaka was said to be more than £100 million. “It was my intervention but also his,” Berlusconi said. “When I heard he preferred to stay, that he hadn't thought about losing a chance for a higher salary and that he put the values of the club, friendship and fans affection above all else, I said, ‘Come on,' and we hugged.” Berlusconi's comments seemingly brought to a close a full day of negotiations between Kaka's father and chief adviser - Bosco Leite - and the two clubs. Earlier, a group of about 500 fans protested outside Milan's downtown offices, chanting “Don't sell Kaka.” A few flares were lit, but no problems were reported. Afterward, about 50 fans moved toward Kaka's home and chanted, “Stay with us, Ricardo,” to which Kaka replied by approaching a window with a Milan jersey in hand and beat his hand three times on his heart, sending the fans into delirium, the ANSA news agency and Gazzetta dello Sport website reported. Eventually, a worker at Kaka's house went outside and asked the fans to quiet down because they were disturbing Kaka's child. The fans said they would leave if they could see their hero once more. Kaka obliged and approached his window again and the fans left. There has been speculation that Kaka's camp will ask for a revision of his contract with Milan if he stays, although he is already the highest paid player for the Rossoneri at $12 million per season, and Milan does not appear inclined to accept such a request. Milan's other Brazil stars earn much less - Ronaldinho $5.3 million and Alexandre Pato $2.7 million – and Milan fears that if it restructures Kaka's contract, other players will want to follow suit. The 26-year-old Kaka is under contract with Milan through 2013. The head of England's Professional Footballers Association (PFA) also warned Manchester City on Monday its attempts to sign Kaka from AC Milan for a “stratsopheric” salary could damage the sport as a whole. PFA chief executive Gordon Taylor said if the deal went through, it will further alienate top-flight football from its traditional fan