Barcelona president Sandro Rosell insists the club will not be making an improved offer for Arsenal captain Cesc Fabregas in the summer.
Spanish giants Barca tried to bring Fabregas back to Camp Nou last year, but were unable to persuade Arsenal to sell the midfielder.
Reports suggest Barca will again try to tempt the Gunners into parting with Fabregas, who had intimated that he would be keen to rejoin his first club.
However, Rosell is adamant that, even though coach Pep Guardiola wants Fabregas in his squad, Barca will not be breaking the bank to sign the World Cup winner.
"Barca is not disposed to pay €50million (£43.9m) for Cesc Fabregas next summer," said Rosell in an interview with Catalan newspaper Sport.
"That is decided and, although Guardiola demands this player, we will not pay this amount.
"It is impossible due to a simple reason. In football, prices are reduced each year and, if we offered Arsenal €40m (£35.1m) for Cesc last summer, €50m is now impossible.
"If the coach demands Cesc we will negotiate with the Gunners, but at a correct limit and without madness and, if the operation is not possible, we will wait for other opportunities.
"Our relationship with Arsenal is not good. The Toral issue has not pleased us.
"The future of Cesc is in his hands and we could only negotiate with Arsenal if Guardiola insists. Only with any sale is it possible to increase the money for the negotiations."