AS Monaco chairman Jerome de Bontin insists they haven't made an offer for Portsmouth midfielder Niko Kranjcar.
Pompey manager Harry Redknapp recently stated that the South Coast side had turned down a bid of £12million from Monaco for Kranjcar.
However, De Bontin has refuted the reports, insisting that the Ligue 1 club did not bid for the Croatian.
He told L'Equipe: "He is one of the best players in the world, but we didn't make a €15million offer as Portsmouth said."