Benfica have warned suitors of Simao Sabrosa that it will take an "incredible offer" to prise the Portuguese winger away from the Estadio da Luz.
Clubs in England and France, most notably Liverpool and Lyon, are thought to be keen on Simao, although Benfica are as equally determined to hold onto the player.
Benfica value Simao at around €16-18million (£11-12million) and the Portuguese club's president Luis Filipe Vieira insists nothing less than that will even be considered.
"We are not interested in selling Simao and will only study the subject if an incredible offer arrives," Vieira told the Portuguese press.
"At this moment we have not received anything."
Simao's future is unlikely to be resolved anytime soon as the 27-year-old has recently jetted off for a holiday in Miami.
As speculation in Portugal increases about a possible bid from Liverpool in the coming days, Simao says he is in the dark about his future.
"All I know is that I have signed a deal with Benfica until June 2012," he said to reporters at Lisbon Airport.
"I am not negotiating with anybody."
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