Porto have placed a price tag of £20 million euros on defender Jose Bosingwa, who is rumoured to be a target of Manchester United and Aston Villa.
The 25-year-old impressed in Porto's Champions League performances this season as the Portuguese champions finished above Liverpool in Group A.
However, Porto insist they do not want Bosingwa to leave the Estadio do Dragao and have issued the £22million hands-off warning.
"Only if we arrive at this proposition would we be interested in studying the possible exit," A Porto spokesman told the Portuguese daily newspaper A Bola.
"We are calm because the defender enters into our plans and nobody has presented an offer to Porto for Bosingwa."