The Tangerines have already rejected bids for £2.5 and £3.5 million from Villa for Adam. But Holloway has the "raving hump" that Houllier has spoken about Adam, who has 18 months remaining of his current deal, and insists he will not be sold to Villa.
Holloway was speaking after his side were beaten 3-2 at West Brom via a last-gasp goal from Peter Odemwingie - his second of the game.
He said: "You've got every right to ask me the question, but Mr Houllier should not talk about someone else's player when he hasn't put up enough money to buy him.
"Will I honestly sell him to Aston Villa? The answer is no because I am managing his career. I've told him where I think he's good enough to go and again here I think he's hit the best pass I've ever seen in my life.
"If there's anybody in the Premier League who can hit a pass like that, how much are they worth? So don't insult me by talking about my players. Don't talk about my player and I got the raving hump about it because it's not etiquette and it's wrong."
Source: PA
Source: PA