Spartak Moscow intend keeping hold of starlet Jano Ananidze.
The 17-year-old midfielder has risen to prominence in recent months, even making his international debut for Georgia.
However, Spartak are insistent that they will not be cashing in.
"I read the stories," said Spartak director of football Dmitri Popov.
"But Spartak haven't received formal offers and we don't intend to consider them for the next three or four years."