AC Milan and Juventus are negotiating for Manchester City's Mario Balotelli

Manchester City have held talks with AC Milan and Juventus about the sale of controversial striker Mario Balotelli, but the Premier League champions will only let him go if the Serie A clubs meet their valuation of the player. City value the Italian, aged 22, at around 24 million euros including add-ons. Balotelli is not transfer listed though and City will not agree to subsidise any of his salary should he leave the club. Balotelli is part of the squad that travelled to London for Tuesday's meeting with QPR. Milan initiated talks with City over the Italy striker, and Juventus subsequently made contact with the Premier League club to discuss buying Balotelli, who arrived in Manchester from Inter Milan in August 2010 for a fee around £24m. City assistant manager David Platt had said Balotelli would not be moving to AC Milan this month. "I don't think anything is going to happen," said Platt of a rumoured January move. "As far as we are concerned I think he is still a Manchester City player." City manager Roberto Mancini had also insisted on Friday that the Italian would not leave the club."It is not true. Mario stays. We didn't have any requests about Mario or other players," said Mancini. The Italian manager also said it would be "difficult" to buy new players with so little time left in the transfer window. "I don't know if City will buy anyone but we don't have enough players," he added. "We are 18 players now. We can't sell any players." Balotelli has scored one league goal in 14 appearances this season and has sparked controversy throughout his time in England, with the latest incident involving a training ground row with manager Mancini at the start of January. AC Milan vice-president Adriano Galliani had stated that if City were to lower their valuation then a move could be on, but Mancini insisted the Italy international remained part of his long-term plans. "Mario has another three years on his contract," he said. Manchester City travel to meet QPR tonight, here are the odds for the game at Bet365: QPR win - 13/2 Draw - 7/2 Man City win - 1/2