Sunderland chairman Stewart Donald has rejected suggestions that the club have accepted a bid for Wahbi Khazri.
Reports in France on Thursday morning suggested that AS Saint-Etienne had agreed a fee with Sunderland and reached an agreement in principle with the 27-year-old.
However, Donald told supporters on twitter that was not the case: "We haven’t accepted any offers on Khazri. Turned a few down though!!"
Khazri has a number of suitors both in France and beyond, with Stade Rennais still keen on a deal. Besiktas have also registered an interest with the Black Cats.
The player himself has been reluctant to discuss his future until his involvement with Tunisia at the World Cup is over.
Beaten by England and Belgium, Tunisia have already been eliminated but play their last game against Panama at 7pm on Thursday.
Khazri seems certain to leave the Black Cats this summer, who are open to offers as they look to move his wages off the books.
However, Donald has insisted that he will only be sold if the club's valuation is met and added last week that Paddy McNair's sale means the club can keep him if no acceptable bid is received.
Khazri is one of a group of players from the Premier League era whose wages are unaffected by the club's relegation to League One.