BRISBANE has declared it will not trade star midfielder Dayne Beams to a Victorian club at the end of the season despite speculation about his future.

However, the club has acknowledged that the former captain is likely to leave once he has served the final two years of his existing contract.

There has been speculation that Beams, 28, has been looking to return to Victoria for the 2019 season, possibly going back to play the rest of his career at Collingwood, where he started in 2009.

But Lions chief executive Greg Swann insisted that was not the case.

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"We are not trading him," Swann told News Corp.

"We've told him that, and that's where it sits."

However, Swann did concede the club expected Beams would leave once his contract expired.

"He's been pretty consistent about this, and there's no problems from our end, but when his two years are up he'll go home," Swann said.

"That's a given. He says, 'Once I've done my six-year term I'll be back in Melbourne'.

"We're hoping he changes his mind, but he's always been pretty strong on that, even when he first came here.

"We'll see what happens, but he'll be here next year."

Beams, who stepped down as Brisbane captain this year following the death of his father Phillip from bowel cancer, was traded to the Lions from the Magpies in 2014.

The midfielder was named in the All Australian squad of 40 after averaging 29.1 disposals and 5.6 clearances in 2018.