Gareth Bale says he cannot see himself joining Manchester United.
United have this month been linked with a £120million bid for Bale, who signed a six-year deal with Real Madrid at the time of his world-record move from Tottenham in 2013.
But the Wales star told Spanish radio station Cadena Ser he has no plans to leave the Bernabeu before the end of his contract.
"I can't imagine myself at Manchester United," he said. "In a recent interview they asked me if I was unhappy at Real and I told them I'm really happy here.
"I've got several years left on my contract, I'm enjoying myself, we're winning trophies and I want to keep doing that here at Real."
Bale won the Champions League in his first season at Real, scoring in the final against Atletico Madrid, and has 14 goals already this term.
He was booed by some Real supporters earlier this month after taking on a shot in a game against Espanyol rather than passing to an unmarked Cristiano Ronaldo.
Ronaldo later defended his team-mate, and Bale has dismissed reports of tension between them.
"There is no rivalry," he said. "We have meetings to talk about tactics. Normally if there is a free-kick from the left then Cristiano takes it and on the right it would be me. We get on well.
"I don't think I'm greedy. On the pitch I make assists and score goals. I play the game how I like to play and the press can say what they want."