Manchester City insist they have not reached an agreement with PSG over the transfer of Carlos Tevez.
Reports in France claimed City had accepted an offer from the mega-rich Parisian side worth an initial €29million.
PSG, now managed by former Chelsea boss Carlo Ancelotti, were said to have turned their attention to Tevez after failing to land Alexandre Pato from AC Milan.
City, however, have now dismissed the speculation, claiming they have had no contact with the French side over the 27-year-old.
"It's just not true," a City spokesman said. "Manchester City have not received a bid for Carlos Tevez from Paris Saint Germain."