Sheffield United chairman Kevin McCabe insists Matthew Kilgallon will not be allowed to leave the club on the cheap in the January transfer window.
Blades boss Kevin Blackwell has admitted that he is resigned to losing the highly-rated defender, who has been linked with the likes of Newcastle, Hull and Bolton.
Kilgallon has rejected United's offer of a new deal and the club risk losing the pl
ayer on a free when his contract expires in the summer.
But McCabe said: "The only way Matthew will be going anywhere is if we receive an offer that's acceptable to this club.
"If we don't then he will be staying for the remainder of his deal. It's as simple as that."
Meanwhile, Blackwell has given the reasons behind his decision to try to extend Toni Kallio's stay at Bramall Lane.
The Fulham ace completed his initial one-month loan following last weekend's draw at Queens Park Rangers but is poised to stay with the Blades after Blackwell inquired about another agreement.
"Toni has shown really good mental strength," said Blackwell.
"Things haven't been easy for him after coming up here because he's had a really bad throat.
"But whenever he's been called upon he's stepped in and handled himself well and with the minimum of fuss."
l Blades striker Billy Sharp has stated his desire to remain on loan at Doncaster until the end of the season.
Elsewhere, Chairman of Sheffield 2018 Doug Liversidge says he respects the FA's decision to select Hillsborough as their preferred venue for England's 2018 World Cup bid.
The Sheffield Wednesday ground got the vote over United's Bramall Lane. Hillsborough staged games when the World Cup finals were last staged in England in 1966.
"I expected only one team to get through and the decision was made by the FA," said Liversidge.
I'm not sure on what grounds they made it, but I respect their decision.
"It doesn't matter to me and I don't think it matters to the city.
"We need to get above the local rivalry and see what it does for the city of Sheffield, which is much broader than just football.
"How would you feel if you were Derby or Hull who got nothing?
"This is a success and I am not prepared to even contemplate anything other than that this is great for Sheffield.
"Everybody has pulled together including the universities, the businesses, the hotel sector and Creative Sheffield.
"The thing that has been outstanding has been the team work and the two clubs have worked well together, which in the circumstances of the competition is great.
"This is a great thing economically for the city if we bring the World Cup here and it once again reinforces Sheffield as the City of Sport."
