The 23-year-old has been strongly linked with a move to link up with his former boss Jose Mourinho at Chelsea.
Galliani expects Balotelli to remain at AC Milan for a long time.
“Mario Balotelli will not leave Milan,” Galliani told reporters.
“He will stay with us for many years, and he is our star. He has a long contract and he will see it out.”
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.