Though Vinicius Junior has occasionally been mentioned as part of a possible swap deal to bring PSG star Kylian Mbappe to the Estadio Santiago Bernabeu, Perez scotched any rumours of that now happening.
"Vinicius is not for sale. He's not even up for discussion," the president said.
"It doesn't seem like Cristiano will be coming back to Madrid," Perez told El Chiringuito on Monday.
"I love him and he gave us so much, but I don't think it'll happen.