Atletico Madrid president Enrique Cerezo has ruled out Chelsea forward Diego Costa’s possible return to the Vicente Calderon stadium this summer despite reports suggesting otherwise.

The arrival of Michy Batshuayi at Chelsea from Marseille has led to reports in England and Spain that Costa, who has scored 36 goals in 77 games since joining Chelsea in 2014, could move back to Atletico, a team he helped capture the La Liga title, a King’s Cup and two Super Cups in his four years with the outfit.

New Chelsea manager Antonio Conte has said the Spain international will stay put, describing him as a player of “fundamental importance” and now Cerezo has ruled out his return.

Costa is under contract at Chelsea until June 2019.

“He is a great player, who is very much loved, but he is a Chelsea player,” Cerezo told reporters.

“The issue is as it was six months ago or even a year ago, he is a Chelsea player.

“I’ve always said that Diego Costa is a Chelsea player and has a contract with Chelsea. That’s the end of this issue.

“The day we have a number nine we will announce it. We are looking for one and once we have him, we will announce it.”

Costa, 27, was handed a start for Conte’s first match in charge, a 2-0 pre-season defeat to Rapid Vienna on Saturday.

Earlier this week, Conte rubbished rumours that Costa could be set to leave Stamford Bridge and said he is determined to keep the Brazilian-born forward among his ranks.

“Diego is our player,” Conte was quoted as saying.

“He is a fantastic player, a player with a fundamental importance and there is no problem.

“He stays with us, he is working very hard, he is very happy to work with his team-mates and with me in the new idea of football. He is a Chelsea player.

“He is an important player, a very strong player, one of the best in the world, and I am sure when he goes into our ideas he will score a lot of goals for us.”