Real Madrid president Florentino Perez says he has no plans to sign Harry Kane.
Perez explained that he has not enquired about the England striker because he believes Tottenham would demand a world-record fee.
Madrid have been linked with the 24-year-old after head coach ZInedine Zidane praised him before Tottenham's trip to the Bernabeu in the Champions League last week.
But Perez told Spanish radio station Cadena Cope he had no doubt Spurs would demand a fee in excess of the €222million paid by Paris St Germain to bring in Neymar from Barcelona in the summer.
"Signing Harry Kane has not passed through my head," Perez said. "He is a magnificent player and in addition he is young.
"He has many years before him to progress. But we are delighted with the team we have, including (Karim) Benzema."
Asked if he had spoken to Spurs chairman Daniel Levy about Kane, Perez said: "No, because if I ask, he'll tell me €250million."
But Perez added that he has excellent relations with Levy after Madrid signed both Luka Modric and Gareth Bale from Spurs in recent seasons.
"We built a very good friendship," he said. "Every time we win the European Cup, he told me the same thing: 'Thank you for winning the European Cup with my players.'"