Manchester United insist captain Bruno Fernandes is not for sale at any price this summer, warning interested clubs that they would be wasting their time.
Galatasaray, Atletico Madrid, Juventus and AC Milan are all weighing up offers for the 31-year-old Portugal international.
However, senior United sources say no bids have been received and that the club have no intention of letting the midfielder leave.
A £57 million release clause in Fernandes' contract for foreign clubs expired last month. United are aware that replacing him in the current inflated market would cost considerably more.
Galatasaray prepare £42.7m bid
Galatasaray are understood to be preparing a £42.7 million offer for Fernandes, backed by a substantial salary increase.
According to The Telegraph, Galatasaray president Dursun Ozbek is on a mission to sign the United captain and is prepared to double his take-home pay.
The Turkish club are reportedly offering an annual wage of £18.3 million. Thanks to Turkey's relaxed tax system, the deal would see Fernandes earn twice what he currently takes home at Old Trafford.
The proposed bid would include an initial fee plus performance-related add-ons. Those include £1.3 million for every title win, up to a maximum of £5.1 million, and £1.7 million if Fernandes finishes as the league's top assister in his first season, or £1.3 million if he does so in his second.
Further bonuses could include £850,000 for qualifying for next season's Champions League, another £850,000 for reaching the last 16, and £3 million for making the quarter-finals.
Contract talks at preliminary stage
Galatasaray and other suitors believe they can exploit the lack of a new contract for Fernandes.
The midfielder has one year remaining on his current deal, which includes an option for a further year. Earning around £220,000 a week, he is among the club's best-paid players, behind only Marcus Rashford.
United are planning to open talks over a new deal, as revealed by Daily Mail Sport in March, but discussions remain at a preliminary stage.
Fernandes was hurt by the club's stance last year when Saudi side Al Hilal were prepared to offer £100 million for him. United told Fernandes it was up to him whether he wanted to leave, which the player felt showed a lack of desire to keep him and underline his importance.
Fernandes wants Old Trafford stay
Despite the prospect of greater riches elsewhere, Fernandes' ambition remains to stay in Manchester and lead United to a Premier League title challenge.
He achieved a Premier League record 21 assists last season and is the favourite to be named PFA Player of the Year for 2025-26 in Manchester next week.
Speaking to Sky Sports earlier this summer, Fernandes insisted his commitment to the club remained unwavering.
"It's not a question of loyalty. I could have gone two years ago, I could have gone three years ago, I could have gone last season, but I really like to be here," he said.
"I think that being successful at this club is something that I can never get at another club. The joy and everything I get, the day I get what I want from this club, I don't think I will get that from any other club in the world.
"I won the Carabao Cup and the FA Cup (but) what this club wants, what these fans want and what I want, myself and the team, we haven't got that yet. Until my contract expires, I'm going to try."
Through the turmoil of Ruben Amorim's tenure and the revival under Michael Carrick, Fernandes has remained close to each coach and been a model professional leading by example on the pitch.
Fernandes is scheduled to speak to an audience of fans at an invite-only event at Manchester's Arndale centre on Tuesday.
United target midfield additions
United are continuing their search for at least one more summer signing to strengthen Carrick's hand.
The club have submitted a bid for Leicester City midfielder Louis Page, along with Arsenal, and are seeking a left-back to compete with Luke Shaw.
Meanwhile, one midfielder who may yet leave is Toby Collyer. West Bromwich Albion have made enquiries about a permanent move, with discussions at an early stage.
