Talk of a move to Napoli has gathered pace in recent weeks, with the Spanish stopper reportedly keen to seek pastures new this summer despite being first choice in La Liga for Madrid.
However, Manuel Garcia Quilon has quelled such suggestions and claimed that the 32-year-old will remain in the Spanish capital.
"Diego Lopez will continue at Real Madrid," Quilon told Tuttonapoli.
"I'm surprised there is talk of other teams for Diego because he's not moving from Real Madrid. The idea of the player and his family is to stay with Los Blancos."
Lopez sat out the Copa del Rey and Champions League for Madrid last term, however, with Iker Casillas preferred for the cup competitions.