Fabiano has been linked with a move to Premier League side Manchester City.
“I will try to be as clear as possible,” he told Sevilla’s official website.
“Luis Fabiano has a fixed contract with Sevilla. A week ago we had meetings to discuss this matter, but Sevilla owns 100 per cent of the player.
“There is no possibility that he will abandon Sevilla.
“We are in discussions about his next contract and we have decided a number of years and it only remains for us to discuss his wage.
“In no way will Luis Fabiano leave, only if the club receives an offer of over 60million euros.
“The only person who has the authority to speak on this matter is me, not his representative or the player.”