Birmingham City managing director Karren Brady delivered a terse statement after speculation that one of their crown jewels - Jermaine Pennant - is on the verge of a #3.5 million move to Liverpool.
Brady is maintaining that Liverpool chief executive Rick Parry has made no contact with the club and, even if he does, Blues would reject any approach for Pennant.
Pennant has said he wants to stay despite last season's relegation campaign and Brady said: "We want to get out of this division as soon as possible. Therefore we will be buying players and not selling them as our aim is to go into the Championship with the best squad in the league."
Meanwhile, West Bromwich Albion and Blues are locked in a race to sign Everton's David Weir. The 36-year-old was offered a 12-month contract by the Premiership outfit but has spoken to Birmingham and Albion.
* Middlesbrough will plunge themselves into controversy today when they unveil Gareth Southgate as their new manager.
The Teessiders have called a press conference for 2pm "regarding England-bound Steve McClaren's successor as Middlesbrough manager" at which it is understood they will confirm the 35-year-old former Aston Villa defender's appointment even though he does not have the necessary Uefa Pro Licence.
FA Premier League rules state that anyone without the Pro Licence can only take charge of a club for 12 weeks, although the 20 club chairmen who make up the leagues shareholders voted to waive them last month to allow Glenn Roeder to be appointed at Newcastle United.