Blackpool manager Ian Holloway has said the club have rejected offers from three clubs for midfielder Charlie Adam - including a £4m bid from Liverpool.
Adam, 25, has been key to Blackpool's success this term and Holloway said Birmingham and Liverpool had joined Aston Villa in the hunt for the Scot.
But Holloway has described the bids for his skipper as "derisory".
"If Charlie is only worth £4m then I'm a Scotsman called McTavish. It is insulting," said Holloway.
"He has signed a contract and someone can come in, but it's not his choice and it's not their choice," added Holloway. "He belongs to us.
"I think he is still improving, and if someone wants to offer money I think they are wasting their time because we don't need to sell him at the moment."
And Holloway reiterated his stance immediately after Saturday's 2-1 defeat at Bloomfield Road: "I want some respect," Holloway added.
"We're not stupid little Blackpool. If you want him, I want the right amount of money.
"You saw his performance today. For the club to benefit from that - if we are to lose a fantastic player - it has to be the right amount of money. If they are going to offer me £4m, then that is insulting.
"Maybe I am the only one who can see what his value might be. It is all right admiring something. I like my neighbour's car but if I don't pay the right amount of money for it I'm not going to get it.
"They had better start by putting a figure one in front of the complete rubbish they have been offering so far."
Chairman Karl Oyston told BBC Radio Lancashire: "We received a verbal bid of £4m [from Liverpool] for Charlie on Friday, but it doesn't change the situation.
"He's still a player who is under contract with Blackpool and Liverpool's offer only matches previous offers we have recently turned down from Aston Villa."
The Scotland international, who still has 18 months to run on his contract, joined the Seasiders from Rangers for £500,000 in August 2009 and has scored four goals so far this term.
Holloway has admitted that the midfielder could be the difference between his team staying in the Premier League or getting relegated.
But following Darren Bent's £24m move to Villa from Sunderland, the former Leicester, Plymouth and QPR boss said the West Midlands club were well off the mark in their valuation.
Holloway's side have so far made a mockery of pre-season predictions that they would struggle on their return to the top flight for the first time in 39 years.
Adam has been a key figure, converting penalties in wins over Liverpool,Newcastle and West Brom and his team are currently 11th in the Premier League.
Holloway has admitted in the past that he might have to let Adam go if the price is right.
But he believed that the player would be better off staying with the club until the end of the season.
"I believe that Charlie is shining and his star will only shine brighter, he has to realise that," he said.
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