President reveals the French club "cannot hold" the Belgian winger who has been attracting praise from Sir Alex Ferguson in recent weeks
The Belgian international, 21, has scored 109 goals in 142 games for the French side and has been linked with big money moves to Manchester United, Tottenham and Real Madrid in recent months.
Indeed United manager Sir Alex Ferguson has recently spoken of his interest in the player after travelling to France to watch him take on Lyon.
In an interview with RMC, Seydoux stated: "Eden [Hazard] wants a European experience outside France. We cannot hold him.
"If he already spent two more seasons in France, it is because we have been a very strong club. We make no sales here".
Hazard has made no attempt to hide his desire to move to a top European side in the near future but recently admitted that Champions League football is a must.
This could be a blow to potential suitors Spurs, who are battling with Newcastle and Chelsea for a top four finish in the Premier League.