The agent of Universidad de Chile winger Eduardo Vargas says that no bids have been made for the player.
The likes of Chelsea, Arsenal, Inter Milan and AC Milan have all been credited with an interest in the 22-year old but his representative, Mark Griffiths, has made it clear that so far there have been no offers.
"Has there been an official offer from Chelsea? Their chief scout in South America is Chilean, Jorge Alvial, so it is expected that the best players from his country will be linked with the Blues.
"However, we have not received an official offer from London. Maybe they will bid in the future, but to date there is nothing.
"That is the same for all the European teams.""He's definitely a player that is attracting a lot of interest," Griffiths told calciomercato.it.
Griffiths also indicated that recent valuations for Vargas are below what his current club will actually receive from a potential transfer whilst comparing him to Barcelona ace Alexis Sanchez.
"Vargas as the next Sanchez? Comparisons have been made, but I think in some ways he is even better than the Barcelona player because he scores more goals.""Valuation of 10million (£8.5m)? I think it could be higher than that, maybe around 12-14million (£10-12m)," he added.