Burnley have categorically ruled out selling Danny Ings this month amid rumours that Liverpool were closing in on the signing of the striker.
Reports on Thursday claimed that the Reds were hoping to seal a deal for Ings this month and then loan him back to the Clarets for the rest of the season.
This appeared to be an arrangement which could suit Burnley, who do not want to lose their top scorer but are wary that he could leave on a free transfer when his contract expires at the end of the season.
However, the Lancashire club have put an end to this speculation by highlighting that such a deal would break Premier League transfer regulations, and added that Ings is committed to Turf Moor until the summer at least.
A club statement read: "This kind of deal is prohibited by the Premier League under rule V7 which states that a player cannot be purchased and loaned back between Premier League clubs in the same transfer window."
Chief executive Lee Hoos added: "This type of move would violate Premier League rule V7 regarding transfers so simply cannot happen.
"Over the course of the window, the player himself, Sean Dyche and the chairman have made it clear he won't be going anywhere and we consider that the end of the matter."
Tottenham Hotspur and Newcastle United have also been linked with an interest in Ings, who has scored seven goals in 21 appearances this season.