Real Madrid director Jose Angel Sanchez insists no offers have arrived for Mateo Kovacic.
The midfielder has been linked with AC Milan.
But Sanchez told Sportske Novosti: "He is not for sale and we will not sell.
“If an offer were to come in during January, we would reject it out of hand. It's true that we received several offers over the summer for Kovacic, but none of them were from Milan.
“He is an intelligent lad and he knows perfectly well that he'd be a regular starter in any of the clubs who asked after him, but he is just as sure that we're focusing on him for the immediate future."
Source: tribalfootball.com