AC Milan president Silvio Berlusconi has denied reports that he will replace manager Massimiliano Allegri in the summer.

Allegri, whose side are a point adrift of first place in Serie A, has been the subject of recent speculation suggesting that the Milan club could be prepared to sack the Italian should he fail to deliver the Scudetto this season.

"Do I still have faith in Allegri? Yes," Berlusconi told reporters.

"I've confirmed him as the Milan coach for next season."

The Rossoneri face cross-town rivals Internazionale this weekend, before hosting Novara in the final game of the league season.