Newcastle manager Alan Pardew says that no formal bid has arrived for Yohan Cabaye but concedes that, should a big offer come in, the Magpies would "have to react to that".
The 27-year-old has been the subject of public interest from reigning Ligue 1 champion Paris Saint-Germain, while Manchester United and Tottenham are reportedly also keen on his services.
Yet Pardew continues to hold out hope that the Frenchman will remain at St James's Park past the summer, wishing to avoid losing a key contributor near the end of the transfer window.
"As it stands at the moment there have still been no offers," he told The Chronicle. "He remains our player and myself and the fans would love to see him stay come September and still be in a black-and-white shirt. For me, of course I want to keep him.
"If one of the big clubs comes with a massive offer we will have to react to that. We've had that before with Andy Carroll and it was a tricky time to lose Andy when we did. We managed to overcome that but you don't want to make it a habit."