Hulk has denied reports that he has held talks with Chelsea as speculation continues to link him with a move to Stamford Bridge.
AssociatedHulk says he is concentrating on the Olympics
"I haven't talked to anyone. As everyone knows, I don't follow negotiations closely as that will make me lose my focus. I let my agent deal with that stuff."
Porto are reported to want a fee of around €70 million for Hulk, who is also thought to be interesting Paris St Germain. He scored 21 goals in 38 appearances for the club last season, but is unlikely to leave unless the fee is reduced.
Speaking earlier this month, an insider told ESPN: "Porto's asking price of €70 million is simply unrealistic. They might take €60 million, although again that is far, far too high.
"There are many clubs interested, but none at that price, and there will not be a move this summer unless Porto are more realistic."
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