By FOX Sports staff
Tevez, who has spent the last four seasons with the Citizens, is expected to leave the Etihad Stadium this summer and has been most heavily linked with a move to reigning Italian champions Juventus.
However, he was previously tipped to join Milan two years back after his infamous bust-up with then City coach Roberto Mancini, leading to speculation the club could once again be interested in the Argentina international's services.
Nonetheless, Galliani has moved quickly to dismiss these reports and claims the Rossoneri currently have enough forwards in their ranks.
"Tevez is not a transfer target for us," he said. "Before we will try to bring in new players, we will have to sell some of our own players first.
"It's not a financial problem, but has to do with the amount of attackers we already have. At the moment, we already have seven players for just three positions [in attack].
"Our big transfer coup came in January when we signed Mario Balotelli from City. We will see if anything else happens."
Apart from Balotelli, Milan also have the likes of Giampaolo Pazzini, Bojan Krkic, Stephan El Shaarawy, M'Baye Niang and Robinho fighting for a spot in the starting XI.