Monaco sporting director Vadim Vasilyev has insisted that the club have not held talks with Radamel Falcao regarding a possible departure this summer.
The Colombian has been linked to Real Madrid and English champions Manchester City, while Liverpool are also rumoured to be interested in the 28-year-old.
Vasilyev told L'Equipe: "I have met Real officials many times, and the Falcao dossier was never discussed.
"There are no talks, and we really are counting on him. I think he's happy to come back from injury and re-find his teammates."
The striker signed for the French club from Atletico Madrid last year.