The 23-year-old has impressed for Cagliari since joining the club from Atletico Nacional in 2011.
“Inter are interested in Ibarbo,” Cellino told Tuttosport.
“But the Nerazzurri decided not to invest in new players during the summer.”
He added: “We want to keep our best players at Cagliari rather than sell them.”
Ibarbo’s current contract with Cagliari is set to expire in June 2015.
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As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?
Being an amiable guy is good for you and Jurgen Klopp is living proof.