Portsmouth boss Harry Redknapp has denied speculation he is preparing a £7million bid for Real Mallorca winger Jonas Gutierrez.

Pompey were strongly linked with a summer move for the Argentina international, who is part-owned by Velez Sarsfield.

Redknapp told the Portsmouth News: "I like Gutierrez, but not at the price they are asking. If it's £7million, he's too much for me."