Genk insist Kevin de Bruyne will not be loaned out to Anderlecht or any other rival Belgian club if he completes a move to Chelsea.
Skysports.com revealed on Friday the young midfielder has set his sights on a switch to Stamford Bridge, and is open to an initial loan move to rivals Anderlecht as part of the deal.
Genk director Dirk Degraen is adamant that is not a possibility, though has revealed the highly-rated 19-year-old could be loaned back to the Belgian champions.
"We have spoken with Chelsea about Kevin de Bruyne and it could be a possibility they loan him back out to us," Degraen told VRT.
"They will have to sign a clause that he could not be loaned out to Anderlecht or any other Belgian club."
He added: "In my opinion he can't develop at Anderlecht. We have proven to be at least on the same level (as them)."
It was thought Chelsea's plan was to send De Bruyne on loan to Anderlecht to smooth over their potential deal for Romelu Lukaku, who is in talks with the Premier League club.
However, all sides have denied that De Bruyne is directly linked to the move for the striker.