Atletico have already taken Marcos Llorente from Real this summer.
Cerezo told Marca: "There has always been a harmonious relationship with Real Madrid and with all the teams in Spain. When we are interested in a player, whoever it may be, we talk, check and in the end we have managed to get them to come to our team, but it doesn't mean that any pact or good harmony with Real Madrid or with Sevilla or Cordoba has been broken.
"It's life; if we are interested in a player because we consider him to be good, we go and ask about him. If he plays for one team or another it is something that we don't care about. If it is decided that the player comes to play with us, then even better."
He added, "Right now, I don't know. James is a good player and Atletico are always interested in good players, but I can't tell you if he's coming because I don't know."