Fulham have laughed off suggestions that they are selling Moussa Dembele to Real Madrid as "ludicrous".
The agent of the highly-rated Fulham midfielder has told reporters that Real are looking to secure his client's services this summer.
But Fulham have told ESPN: "We have not had any approaches for Moussa Dembele and none would be welcome."
Dembele, 25, had an impressive 2011-12 season in the Premier League and has caught the attention of several top sides, with Manchester United among those linked.
The Belgium international featured in a deep-lying midfield role under Dutch manager Martin Jol and won over many of his previous critics as he inspired Fulham to some impressive results in the second half of the season.
Jan de Visser, of the Sports International management agency, had claimed that they had received several approaches for their player, including one from Real Madrid.
"Real Madrid have contacted us and asked about the possibility of signing Moussa Dembele," De Visser told De Telegraaf. "They are not the first big club who have contacted us this summer for him."