Real Madrid president Florentino Perez has dismissed suggestions that the European champions are open to selling Gareth Bale this summer.
The Wales international has come under fire from certain sections in the Spanish capital this season, and Manchester United and Chelsea are reportedly monitoring the situation.
However, Perez has claimed that the La Liga giants have no intention of offloading a player for whom they paid a world record £80m back in 2013.
"We shall never listen to any offers for Bale," Perez told Marca. "He is the key to the club's future, just as I cannot imagine a future without Cristiano Ronaldo."
The former Tottenham Hotspur star has scored 12 goals in 25 La Liga appearances for Los Blancos this season.
