Lyon have confirmed that they have received a bid for Karim Benzema from an unnamed club, but insist that any agreement over the France international's transfer is yet to be reached.
The side in question is thought to be Real Madrid with strong reports in both Spain and France linking them with a £35million move for the 21-year-old.
The striker is also been rumoured to have interested Manchester United with manager Sir Alex Ferguson said to be a big admirer of the gifted youngster.
The Premier League champions have £80million burning a hole in their pocket after the confirmed sale of Cristiano Ronaldo to Real and know that they must find someone to take on the scoring burden left by the Portugal winger.
Benzema would fit the bill perfectly, with 66 goals in 149 appearances for Lyon, but it now seems Real have stolen a march on the Red Devils despite the Ligue 1 side's defiance.
"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," Lyon director Olivier Blanc told L'Equipe.
"There is no agreement with anyone."