Porto chairman Pinto da Costa has insisted that the club do not want to sell Hulk.
The 25-year-old striker has led the Portuguese club to consecutive league titles, but has continually been linked with moves to a host of European clubs.
However, Pinto has insisted that the club will not sell the Brazilian for less than the £80m asking price.
"I say today what I said a year ago, I will do everything to keep Hulk at Porto. I'm not interested in selling him," he told Porto TV.
"Hulk has a price and we are not going to negotiate and accept an inferior price to that of his clause, our desire is for him to be in our squad next season."
Hulk has scored 21 goals for the Portuguese club this season.