MANCHESTER CITY last night offered a sensational £175million in a bid to land AC Milan superstar Kaka.

Krazily Insane understands that City chief executive Garry Cook and deal broker Kia Joorabchian met Milan vice-president Adriano Galliani to make the world-record bid.

Milan would pocket £100m and Brazilian playmaker Kaka almost £75m for a five-year deal worth £15m a season or £280,000 per week.

According to a top Milan source, the Italians technical director Ariedo Braida was also at the meeting.

An informant at the negotiations said: The Manchester delegation were determined to make their offer but it was rejected.

But our owner Silvio Berlusconi is now concerned that the player himself may want this deal to happen.

Berlusconi said: I hope Kaka stays.

But Galliano told the City delegation: We would not consider selling Kaka for £100m it would have to be an obscene amount more.

The Italian giants have never sold ANY of their superstars but admit they have been taken aback by the jaw-dropping bid.

Milan have twice in the past rejected megabucks offers from Real Madrid.

But what only a few months ago seemed inconceivable still looks a possibility.

The 26-year-old Brazil star was the 2007 World Player of the Year.

He was again a candidate this year but Manchester United ace Cristiano Ronaldo was crowned as his successor in Zurich on Monday.

The midfielder has been the cornerstone of Milans success in recent years.

If Citys offer is eventually successful it will eclipse the world record £46m transfer that took Zinedine Zidane from Juventus to Real Madrid in 2001.

Kaka currently earns £10.8m a year at Milan and is the second-highest paid player in Serie A behind £11m-a-year Zlatan Ibrahimovic,

City boss Mark Hughes would be thrilled to pair Kaka with his fellow Brazilian Robinho.

Hughes was already keen to strengthen his midfield before yesterdays news that Dietmar Hamann is out for three months.

The former Germany star, who suffered the injury in training, will travel to Switzerland to see a specialist for the exact diagnosis.

Hughes, already without long-term injury victims Michael Johnson and Martin Petrov, said: Didi kicked a ball in training and unfortunately it looks like he may have ruptured a tendon.

The best-case scenario is that it will be nine weeks, but it could be 12.

We are a bit light in midfield areas so we could have done without this.