Lyon president Jean Michel Aulas has rubbished rumours linking Alexandre Lacazette with a possible move to Liverpool as Arsenal and Chelsea continue to be favourites to land the 24-year-old.
The Frenchman scored an impressive 31 goals in 40 games for Lyon this season and was heavily linked with a move to Anfield.
But Aulas says the player will never leave to join a club that will not feature in next season's Champions League.
"The latest rumours are rubbish," Aulas tweeted.
"Liverpool have never called Lyon about Lacazette and without playing in the Champions League they have neither the money nor [would they be] able to interest him."
Last month Aulas insisted that he will not sell the striker.
"We will do everything within our powers to hold on to Alexandre," he told Canal+.
"You never have any certainties in football, but we are determined to keep him here.
"A transfer fee of €50m (£35m) would not be enough for an attacker like him. He is priceless."