PSV Eindhoven chief Marcel Brands has rubbished reports of a swap deal with Tottenham for Memphis Depay.
It's been claimed Spurs will offer cash plus Nacer Chadli in exchange for Depay this week.
But Brands, reports De Telegraaf, insists such a deal is a non-starter.
Depay has spoken of leaving PSV this month, with Tottenham and Manchester United linked with the Holland World Cup star.
However, Brands has indicated PSV have no plans to lose the young midfielder.
