Villarreal have dismissed suggestions that Juventus already have a deal to sign Giuseppe Rossi as a replacement for Alex Del Piero.
This will be the captain's final season as a player in Turin and whispers have already started to circulate with regards to who could step into his boots.
"We have no intention of letting Rossi go," Villarreal director general Jose Manuel Llaneza told TMW on Friday.
"We're very happy with what the player is doing this season, but his excellent form is not a surprise to us.
"A move to Juventus? There is nothing being discussed with anyone. Giuseppe is staying with us at Villarreal."
The Old Lady did try to sign the Italian international in the summer, but the Spanish club rejected a reported offer of €24m.
Juve, who also missed out on Atletico Madrid's Sergio Aguero before he moved to Manchester City, signed Mirko Vucinic from Roma for €15m instead.