Premier League champions Leicester City have been told they would have to break their club record in order to sign Algerian striker Islam Slimani.
The 27-year-old has scored 27 league goals in 33 appearances, and has a contract running until 2020 with Sporting CP, who finished second in the Primeira Liga in 2015-16.
The Algeria international has a £23.25million buy-out clause in his contract, due to expire in 2020, amid speculation of interest from Leicester, Arsenal and Tottenham.
Sporting Lison boss Jorge Jesus insists €30 million is not a the right price for a player of his quality.
“I would like for Slimani to stay,” he said. “This area is for the president. The coach also has a say, and [the Sporting president] knows my opinion,” Jesus told SIC Noticias.
“At present, 30 million for a player like Slimani is nothing.”
In an interview with Portuguese outlet La Gazette du Fennec, Slimani thanked the President of Sporting for a new deal and revealed his desire to stay with the club for the considerable future.
“I thank him for that [new contract]. This shows that I am important not only for him but also for the team and the club. As I have always said I want to stay here for many years.
“In football, there are strong players on a technical level, players with physical stamina and players with a strong mind. Everyone has their qualities and everyone can contribute in their own way the success of his team.
“I think everyone knows my qualities and what I’m capable of. I score goals, I am intense and it’s very important for a striker.”