The Daily Star has claimed he has handed in a transfer request whilst The Sunon Sunday believe Liverpool will attempt to solve their keeper dilemma with a £40 million bid in the summer for the England international.
Lambert said: "I only heard about the story this morning and that Jack will quash the rumours. Butland is one of the goalkeepers going around, in Europe terms as well. Without a doubt the boy's a terrific goalkeeper, a good lad as well.
"Does it surprise me that rumours fly about? Not really, because rumours fly about all good players and he's one of the best.
"He's too good a guy, too good a pro to be affected by any talk. He's been terrific since I've been here."