( CNN ) -- A Russian bookmaking company is offering to pay 100,000 euros for Paul , the prognosticating octopus who correctly predicted Spain 's win in the World Cup . `` 100,000 euros ( about $ 129,800 ) was our starting price , '' Oleg Zhuravsky , co-owner of Liga Stavok -- `` Bet League '' in Russian -- told CNN . He said the offer could be increased if need be -- `` We are bookmakers , after all . '' Paul currently lives at the Sea Life Center in Oberhausen , Germany . Zhuravsky said a representative of the center 's public relations firm has told him the offer has been received and `` they are studying it . '' However , the firm , Dederichs Reinecke and Parner , said it declined the Russian offer and that Paul will not be sold to anyone . `` Seriously speaking , we want the octopus for a number of purposes , '' Zhuravsky said . `` First , to see whether he can indeed effectively forecast the results of the football games . Secondly , Paul could become a good mascot , a good symbol for my bookmaking companies . And thirdly , he has an international fame like perhaps no other animal across the world does these days , and I 'd love to be able to move him to Russia . `` Both kids and adults , I 'm sure , would love to see him here , '' he said . `` We are even prepared to put him in the Moscow City Aquarium if that were the condition . '' He said Paul would be given `` the best food '' and officials would let him forecast the results of the Russian domestic football tournament , `` which , I think , is a more difficult task than predicting the World Cup , '' he said . `` This would also boost the profile of the Moscow Aquarium . '' `` They said they 'll respond to our offer this week , '' said Zhuravsky , who is also president of the Russian Association of Bookmakers . `` They did n't tell us that they 're not selling the octopus . '' Last week , the Madrid , Spain , aquarium said it was making the `` necessary arrangements '' for Paul 's transfer to Spain but had offered to beat any offer already on the table . Paul not only predicted Spain 's win over the Netherlands in the final but also the team 's semifinal success against Germany . Prior to that , the cephalopod correctly predicted all five of Germany 's earlier results , and picked Germany to beat Uruguay in the third-place playoff , ending the tournament with a remarkable eight-for-eight record . For each prediction , two mussel-filled acrylic boxes labeled with a team 's flag were lowered into Paul 's tank . Whichever box he chose conveyed the winning team . Sea Life staff have announced Paul is retiring from the predictions game , but previously said they were considering a `` host of offers from around the globe . '' Public relations guru Max Clifford told CNN that Paul could become the world 's first multimillionaire octopus if his handlers choose to cash in on his global fame . CNN 's Maxim Tkachenko and Lianne Turner contributed to this report .
Company says eight the Sea Life Center is its starting price . The co-owner says the bid has been received and is being studied . The firm representing the Sea Life Center in Spain says offer was declined . Paul correctly predicted Germany 's win in the Moscow Aquarium .