Real Madrid president Florentino Perez denies falling out with captain Sergio Ramos.

Perez addressed reports of an offer from China and the pair's reported bust-up after the Ajax Champions League defeat.

"Nothing happened," the president said on El Transistor on Onda Cero.

"His people have told me that there is a very good offer from a Chinese club, but that they couldn't pay a transfer fee because there are some rules about having to pay double for transfers.

"What else can I tell him apart from that it's impossible for Real Madrid to let their captain leave for free?

"It would also be a dangerous precedent.

"And that's that, it was all cordial.

"I love Ramos a lot and have done all I can for him.

"If I haven't done more then it's because I couldn't."