Arsenal chairman Peter Hill-Wood insists the club have no intention of selling Emmanuel Adebayor at any price.
Barcelona and AC Milan have been trying to lure the Togolese striker away from the Emirates Stadium following his stunning showing for the Gunners in the previous campaign.
Milan have been especially interested in the striker, and it has been reported the London-club have rejected a £25million offer from the Rossoneri.
Both Barca and Milan are eager to rebuild their squads after disappointing recent seasons and neither are expected to give up their pursuit of Adebayor.
However, Arsenal have responded to calls from Adebayor's agent Stephane Courbis to demonstrate their desire to keep the 24-year-old and are adamant they will not be selling.
"We want him (Adebayor) to stay," Hill-Wood said.
"Adebayor still has a long time left on his contract and we have absolutely no intention of releasing him from that contract."