Levante have rejected an opening offer from Atletico Madrid for goalkeeper Keylor Navas.
Navas has been a World Cup star this summer with Costa Rica.
He has just a year left on his contract with Levante - where he earns £5,000 a week - but club president Quico Catalan insists his goalkeeper will only leave once a club pays his buy-out clause of 10million euros (£8million).
"Keylor has a 10million euro release clause and we know that Keylor is worth more than that," he said.
"All the teams that have made offers for Keylor know what the answer will be - the release clause."
Referring to Atletico's bid, Catalan explained: "Six million euros plus Leo Baptistao is not 10million.
"Keylor is having a great World Cup and many clubs, foreign and Spanish, have shown their interest," Catalan added, while insisting that, contrary to reports, Real Madrid had yet to make any contact about the goalkeeper.
