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.
Now Arsenal and Liverpool are believed to be amongst those showing a strong interest in the talented playmaker.
However, Spartak are insistent that they will not be cashing in.
"I read the stories," said Spartak director of football Dmitri Popov.
"The list of clubs did not surprise me, especially the first two [Arsenal & Liverpool], they are built on continually searching for new talent.
"But Spartak haven't received formal offers and we don't intend to consider them for the next three or four years."