Torino insist no offer from Valencia has arrived for defender Angelo Ogbonna.
Los Che were linked with a €13 million offer for the Italy U21 international.
"We've never received offers for Ogbonna," President Urbano Cairo told La Stampa newspaper.
There are also suggestions the 23-year-old could invoke Article 17 to extricate himself from the Torino contract.
"There would be no need for that, as our rapport is excellent with Angelo and his agents."