Stuttgart have moved to dismiss speculation suggesting they could mount a summer bid to sign Chelsea striker Claudio Pizarro.

The Peruvian has failed to settle at Stamford Bridge and is a candidate for the exit door following the arrival of Luiz Felipe Scolari as the club's new manager.

The 29-year-old scored 99 goals in the Bundesliga with Werder Bremen and Bayern Munich between 1999 and 2007.

Vfb officials Jochen Schneider and Horst Heldt both quashed the rumours when speaking to the German media.

"That (signing Pizarro) would more than cover all of our salary framework," said club manager Heldt.