Celta Vigo boss Eduardo Berizzo has insisted that he 'has no fears' about the future of Augusto Fernandez amid suggestions that Atletico Madrid want to sign the 29-year-old.

Last week, it was reported that Atletico boss Diego Simeone had identified the Argentine as the perfect player to replace Tiago, who will be out of action with a fractured leg for the next three months.

However, Berizzo has branded Fernandez "an indispensable player" and has played down talk that the midfielder could depart.

"I have no fears about [Augusto] leaving. If you ask me whether we'd allow him to leave, I'd say that he's an indispensable player for us," Berizzo told reporters.

"We haven't spoken [about the rumours], but Augusto already knows what I think of him. He knows how highly we value him. He's an indispensable player and I can't imagine us letting go of him."

It is understood that Atletico could sign Fernandez for as little as £4m if Velez Sarsfield, who own 50% of the player's contract, agree to sell.