Rennes president Frederic de Saint-Sernin has insisted that the club are yet to receive any bids for Yaan M'Vila.
The 22-year-old has been strongly linked with a host of top European clubs this summer, including Arsenal, Tottenham Hotspur and Inter Milan.
Saint-Sernin says he is not standing in M'Vila's way and that the club have had no offers for the French star.
He told RMC: "We have an agreement with him that allows him to leave this summer, but we have not yet received any concrete offers for him.
"Several clubs have enquired about him, but there are no formal offers. He is still a Rennes player. Several big foreign clubs are interested, but we are not blocking anything as there are no offers yet."
M'Vila's contract at Rennes runs until 2015.