"I never said that Trezeguet was prepared to reduce his wage deal," Antonio Caliendo told Sky Italia television.
"I have a lot of experience in this job, I certainly wouldn't say something like that in public, especially after seeing what [Samuel] Eto'o is going to earn at Inter."
Caliendo added: "If there is the intention from both clubs, then some solutions can be found. I never broke off negotiations with anyone, but we need there to be commitment.
"We have not planned any meeting with [Juventus director of sport Alessio] Secco, unless of course something happens.
"It is unlikely, as Secco declared Trezeguet was not for sale."