Lyon have received a big-money offer for Karim Benzema but insist there is no agreement with Real Madrid or any other club for the forward.
The 21-year-old is one of the world's hottest properties at the moment, with Manchester United and Real reportedly among those in the to sign him.
Spanish media claimed that Benzema could soon put pen to paper on a deal at the Bernabeu after the French giants accepted the an increased offer of 35 million euros from Real.
However, Lyon's director of communications insists they have not agreed to sell the France forward.
"We certainly did receive an offer of a sum appreciably superior to the sum that has been mentioned, but nothing says that it comes from Real," communications director Olivier Blanc told L'Equipe.
"There is no agreement with anyone."