Brazil international midfielder Paulinho has denied speculation that he is on the verge of a move to Europe.

The 24-year-old Corinthians star is reportedly on the radar of Inter Milan, Shakhtar Donetsk and Chelsea, among other European clubs.

Speaking after Corinthians' 3-2 aggregate victory over Santos in the final of the Campeonato Paulista on Sunday, Paulinho said he would remain at the Sao Paulo outfit.

"It's not a goodbye. I will continue at Corinthians. Maybe because of our Copa Libertadores elimination many people said that I would leave.

"When I receive an offer, I will make it known. But there is still nothing official."

Paulinho, who has consolidated a place in Brazil's national team as a holding midfielder under Luiz Felipe Scolari, is understood to have a buyout fee of 20 million euros.