Blackpool chairman Karl Oyston insists Charlie Adam's future remains unchanged despite Liverpool joining the hunt for his services.
Aston Villa and Birmingham are also keen on the Seasiders' playmaker and now Liverpool have lodged a £4milllion bid for his signature.
Oyston says Blackpool were not tempted to accept The Reds' offer as it did not surpass the bids received from elsewhere.
As Adam still has 18 months left in his Bloomfield Road the promoted club are not looking to cash in unless they receive a suitable transfer fee.
"We received a verbal bid of £4million [from Liverpool] for Charlie on Friday, but it doesn't change the situation," explained Oyston.
"He's still a player who is under contract with Blackpool and Liverpool's offer only matches previous offers we have recently turned down from Aston Villa."
Manager Ian Holloway believes Adam is still improving and that if he remains with Blackpool he will continue developing.
"When I got Charlie he was a very frustrated young man and now he is looking a fantastic footballer," he added.
"You saw [against Sunderland] he was totally focused on playing as well as he can. He is doing himself, his family and our club proud.
"He wins headers, he sets the tempo of our play and has an unbelievable range of passing.
"Charlie by the end of the season is going to be one hell of a player. He is still improving."