Newcastle United manager Alan Pardew has said that no official bids have been submitted for any players, despite their reported interest in Remy Cabella, Luuk de Jong and loanee Loic Remy.
The Magpies have made an impressive start to the Premier League season and sit in eighth place after twenty games.
Pardew, however, is keen to improve the squad despite the club's form and has set his sights on Montpellier attacking midfielder Remy Cabella.
Upon hearing the rumours, the 23-year-old said: "Newcastle? Well, we realise that at some point we must leave. I think I'm capable of it."
The Magpies are yet to make an official approach, but Montpellier have admitted they are expecting a bid for the Frenchman from the North East outfit.
Pardew is set to meet with his superiors this week, including Mike Ashley and Joe Kinnear, to discuss transfer targets but is yet to make his move.
Club secretary Lee Charnley and chief scout Graham Carr are also anticipated to be present, as the club place a new striker at the top of their agenda.
“We’ve not bid for any player," Pardew said.
“I think there’s room to bring in a player, for sure, but it would need to be right financially for the board.
“Our legs are working under the water in terms of making calls and trying to manoeuvre a transfer that would work for us.”
The 52-year-old was speaking after QPR manager Harry Redknapp told the St. James' Park club that he values Loic Remy at £16m.
The former Marseille striker has been on loan with the Magpies since the start of the season, scoring ten goals in nineteen games, and Pardew has expressed an interest in signing the 27-year-old on a permanent basis.
Redknapp said: "You would think they (Newcastle) would want to snap him up because if they don’t somebody else will for that money.
"We paid £8million and he’s worth double that because the goals he’s scored in the Premier League.
"He would be a great player if he came back, but he wanted to go. He’s not going to want to come back here and play in the Championship.
"If someone came in and offered £15m or £16m for him I would sell him if it was my choice."