Javier Saviola has insisted his future remains with Real Madrid, despite interest from Newcastle.
The Argentine striker is believed to be very high on Newcastle's wanted list and they had opened talks with a view to landing the 26-year-old.
Vice-president Tony Jimenez and executive director Dennis Wise were reported to be heading a Newcastle delegation that travelled to Spain this week.
However, Saviola has now said that he has not received any offers to leave Madrid - who he joined 12 months ago on a free transfer from Barcelona.
"Right now I'm a Real Madrid player and my future is here," he told Marca online.
"I haven't received any offer."
Newcastle would like to make Saviola their third Argentine capture of the summer after already sealing the captures of his fellow countrymen Jonas Gutierrez and Fabrizio Coloccini.