Monaco have not agreed a fee with any club for the services of Kylian Mbappe, according to the French side’s vice-president Vadim Vasilyev.
Real Madrid and Manchester City have been heavily linked with the teenager throughout the summer with Mbappe currently the hottest prospect in world football.
Marca reported that Real had agreed a deal thought to be worth €180m (£161m) but Vasilyev denies any agreements with the Spanish side or any other club.
“I assure you there is no agreement with a club,” Vasilyev said.
“We have very great demand for Mbappe. He’s the biggest prospect in world football.
“We are discussing an extension with Kylian. I hope we’ll get there.”
Meanwhile, Vasilyev was also asked for his thoughts on a potential move to PSG for Brazilian superstar Neymar, he said: “I think it would be a good think for Neymar to play in Ligue 1. It would be good for France.”