Horacio Gaggioli who represents Asensio stated when asked about the future of his client: "Marco does not move, he's growing a lot and next season will be very important for him, he stays at Real Madrid".
Asensio, was rumoured to have grown frustrated after starting just 19 of Madrid's 38 La Liga games last season.
The 22-year-old has has emerged as one of Spain's leading talents over the past two seasons, but agent Horace Gaggioli told Calciomercato he would be staying at the Bernabeu. With the future of Gareth Bale and Karim Benzema also uncertain it became increasingly sure that they would not entertain losing Marco Asensio in the same window.
Marco Asensio's agent has ruled out a possible exit from Real Madrid this summer amid speculation Liverpool are interested in signing the forward.
His form earned him a spot in Spain's 23-man World Cup squad although he only made one start as the 2010 world champions surprisingly crashed out to hosts Russian Federation on penalties in the last 16.
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'He's improving all the time.
The former Mallorca midfielder made 53 appearances for Madrid in all competitions in 2017-18, netting 11 goals.
He was used as a substitute in all three of Spain's group-stage matches at the World Cup as well.
Asensio was then handed the start for the match against Russian Federation and went 104 minutes before being replaced in extra-time of the shoot-out loss to the hosts.