Last Updated: Thu, 20 Jun 2013 16:59
Malaga insist they are under no pressure to sell Manchester City target Isco, who is also being tracked by Real Madrid.
The Spanish midfielder, who played a key role in his country's success at the Under-21 European Championships, has been tipped to follow Manuel Pellegrini to City from Malaga.
Isco has previously revealed that both City and Real are keen to sign him this summer, but Malaga executive vice-president Moayad Shatat insists that the youngster will not be allowed to move in a cut price deal.
Shatat confirmed that offers have been received but they have not matched his side's valuation and the Malaga official also claims the La Liga outfit are under no pressure to sell, although the 21-year-old does have a £30million release clause in his contract.
"We're in negotiations with Isco. It's true that offers have come in for him, but we're always going to look for the best price for his exit," Shatat told Marca.
"We don't need to let Isco go cheaply. If it's not enough, we're not going to sell him.
"We haven't received any transfer offers which include the option for him to continue with Malaga on loan for a season."
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