Atletico Madrid president Enrique Cerezo was reluctant to discuss Theo Hernandez on Wednesday.
Hosting Real Madrid for the second-leg of their Champions League semifinal, Cerezo was asked if Theo would be moving to Los Merengues.
"Theo Hernandez? It was not on the menu this afternoon," said Cerezo. "I know nothing about this."
Theo, on-loan at Alaves, is said to have undergone a Real medical on Monday.
However, there remain doubts that Cerezo is prepared to do business with their bitter rivals over the youngster's sale.