Tottenham chairman Daniel Levy says no fresh offer has arrived for the club.
Speaking this week at Cambridge University, Levy was asked about claims of meeting with representatives of the Qatar Sports Investment group.
Levy said, "I answer this question in the way I've answered it for the past 22 years. ENIC owns approximately 87 per cent of the club. We have 30,000 shareholders and most of them are fans who own the shares.
"We have a duty to consider any proposal anyone wants to make. All I would say is we are not in negotiations with anybody, nor have we been in recent months. All the stuff that has been in the newspapers is completely untrue."
On the prospect of state-owned clubs Manchester City and Newcastle United dominating the future, Levy was optimistic.
He explained, "Firstly there are new laws coming into effect this season, UEFA rules, where sustainability is going to become much more paramount in people's minds so you'll be limited in the amount you can spend on wages and transfer fees, effectively the amortisation element. That's a percentage of your total turnover.
"So it's starting off at 90% and over three years it's going down to 70%. The effect of that is effectively some sort of wage of control. So I think that although clubs have been spending very heavily, if you talk about someone like Chelsea, now the new rules come into effect this summer I think you'll find that regardless of who is the owner it's going to have quite a big impact on the financing of football."