Palermo president Maurizio Zamparini says Javier Pastore will remain at the club next season, amid reports of interest from a number of clubs.
The highly-rated Argentinian playmaker has been a reported target of several European clubs, including Chelsea, Barcelona and Manchester City.
"Pastore wants to remain at Palermo," Zamparini said to Gazzetta dello Sport. "He is a very intelligent man, who wants to improve.
"He has decided to remain with us for another year."
Pastore has also attracted the attentions of Serie A clubs Napoli and Roma, both keen to sign the 21-year-old, who joined Palermo in 2009 from Huracan.
"I have already turned down a 50million euro offer for Pastore," Zamparini said. "Even if Chelsea were to make an offer this year, he would not move.
"Barcelona already made an offer and I said to them that this year he would not leave."
Pastore is Palermo's top scorer with 10 league goals in 30 appearances so far this season and is under contract with the Serie A club until June 2014.
