Bayern Munich chairman Karl-Heinz Rummenigge claims the club have received just one bid for Franck Ribery - and it did not come from Real Madrid.
The Spanish giants are leading the race for the France winger, who has denied reports he wanted to quit Bayern to join the Florentino Perez revolution at the Bernabeu.
According to reports in Germany, Madrid have tabled a 64million euro offer for Ribery, with Bayern holding out for 80m, but Rummenigge revealed that is not the case.
"Up till now one club has made an offer to FC Bayern. And that club is not called Real Madrid. We kindly rejected the offer," he said to Sport Bild Online.
Premier League pair Chelsea and Manchester United were also believed to be interested in Ribery.
Rummenigge added: "We are not gambling, not aiming to force up the price. We want to keep hold of the player.
"Real have invited us to talks several times. We haven't opened this door once even slightly. If that does not please him or his agent, I can't change that. The Bayern shirt is dearer to us."
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