New Chelsea manager Carlo Ancelotti has insisted captain John Terry is not for sale at any price.
Manchester City, who had a bid for the 28-year-old England defender rejected last week, were reported to have returned with a final £40m bid.
“John Terry is the symbol of this team, he will be captain,” said the Italian.
“He wants to stay at Chelsea forever and we want to keep him forever. There is a question of Manchester City but for Terry there is no price.”
In his first news conference since taking over as Blues boss, the former Milan coach added: “He said he wants to stay, there is no problem for him for us, the story continues – Chelsea and Terry.
“I like to have a captain like Terry, he is very close to Paulo Maldini for professionalism, for quality and he will be the best captain for Chelsea.
“I spoke with Terry a month ago when I came to the club and he said welcome. And after he went on holiday.
“I will speak with him because he is the captain and I want a good relationship with the captain.”
Ancelotti also confirmed that Chelsea have completed the signing of Yuri Zhirkov from CSKA Moscow but refused to be drawn on any other potential new signings.
The 50-year-old had been linked with a raid on his former club, with 19-year-old Brazilian forward Pato and Italy midfielder Andrea Pirlo reported to be targets.
He also refused to confirm Deco and Ricardo Carvalho would be leaving Stamford Bridge, despite the Portuguese pair being heavily linked with a move to Inter under former Chelsea boss Jose Mourinho.
“Chelsea is a great team now, if we can improve now then it would be great for the club,” he added. “Carvalho and Deco are Chelsea players.
“If in the future a player wants to go they have to speak with the club and we take the right decision for the player and for us.”