Espanyol president Joan Collet has rubbished speculation that goalkeeper Kiko Casilla is to join Real Madrid, describing the rumoured fee of €5 million as "insulting".
It has been claimed in the Spanish press that the Blancos youth academy product is set to return to the Santiago Bernabeu this summer, with Los Blancos set to sell club captain Iker Casillas to Porto.
However, Collet has reacted angrily to reports that Casilla's switch to the Spanish capital is effectively a done deal.
"Everything is a lie, there's nothing," he told AS. "I'm not sure if I should say I'm gobsmacked but I am surprised.
"I have spoken a lot in the last few days with [Real Madrid general director] Jose Angel Sanchez and yes, he asked a question [regarding Casilla] but we did not sit down no negotiate.
"I don't know what will happen tomorrow but right now, there is nothing and there will be nothing for those figures that are being reported.
"First we have to receive an offer, find out if the player wants to leave and finally we must speak to the coaching staff.
"But to speak of those figures for him is insulting, I don't know where they have come from."
Madrid are also pursuing Manchester United No.1 David De Gea and Collet is perturbed by the thought that the Blancos could be using Casilla in order to pressurise the Red Devils into lowering their asking price.
"I feel bad because, [if true], they are playing with a lot of feelings and with the player," the Espanyol supremo added. "It annoys me that they are using his name."
Casilla, who left Madrid for Espanyol in 2007, still has three years to run on his current contract with the Catalan side.
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