It has been reported that Tottenham goalkeeper Hugo Lloris insists his contract does not contain a buyout clause.
The French international has been linked with Manchester United and PSG in recent days.
Asked whether there was a £20m release clause in his Spurs contract, the 28-year-old said: “This does not correspond to reality. There is no clause.
“When you have the privilege to talk directly with your President, as I did with Daniel Levy, it makes things much simpler.
“I know what we said, and it’s a relationship of trust.”