Spartak Moscow owner Leonid Fedun has dismissed talk of a bid for Wolves.

It's been claimed online that Fedun had made an offer to Fosun, Wolves' Chinese owners.

However, Spartak's owner was quick to rubbish the reports.

“These are all fairy tales," RBC quotes Fedun.

There's been claims that Fedun recently had a €400m offer for Wolves rejected by Fosun.