Fulham manager Marco Silva has confirmed Fabio Carvalho will not leave the club in January.
Liverpool are said to be monitoring the winger, 19, after a stunning start to the season, scoring seven goals in 16 Championship appearances.
He was also named the EFL's Young Player of the Month last August and has been capped by England at U16, U17 and U18 level.
Carvalho will be available on a free transfer when his existing deal expires in June, although his next club will have to pay Fulham a compensation fee for training him.
Despite the speculation surrounding the youngster, Silva is determined not to let him leave this month as his team look to return to the Premier League.
Should Fabio Carvalho sign a new deal at Fulham? Let us know in the comments below!
Fulham are currently top of the Championship, eight points clear of Bournemouth in third.
"Fabio will be with us until the end of the season," Silva told reporters on Friday afternoon. "I would like to see him here for more years.
"From day one I have been trying to keep him. It is not a surprise that clubs are interested in Fabio. We are talking about a young player with big talent.
"The situation is not easy because he is in the last year of his contract, but that is the reality. It is out of our plans for him to leave the club in this window.
"It has been difficult for us to renew with him, but we are trying.
"It is always difficult with a player of this talent - even with a contract it is difficult to keep him, and without it is even worse. But Fabio will be with us until the end of this season."
Fulham will have a decent chance of keeping hold of Carvalho - at least for another season - if they can achieve promotion.
The Cottagers have already lost one promising talent to Liverpool in recent years, with Harvey Elliott joining the Reds in the summer of 2019.
Carvalho is not thought to currently have an agent after leaving Unique Sports Management earlier this month and is considering his options with his family.
Jorge Mendes, who represents Cristiano Ronaldo, reportedly wants to take the talent under his wing and has "promised him the world".
Discussing Carvalho's future earlier this month, Silva said: "He definitely has to keep his feet on the floor, and the people around him.
"Because it is important to understand that sometimes you want to make a step bigger than your leg can take and sometimes you’re making a big mistake.
"I’m not saying that it will be with Fulham or club A, B or C. But sometimes you have to understand that a football career is not just in one moment - you have to prepare the future as well."
"Fabio has natural talent, and when you have natural talent, that is the first big step to have a big career and to get to the top."