Bolton boss Gary Megson has dismissed comments attributed to striker Nicolas Anelka that they are in talks with Chelsea over a potential transfer.
Anelka joined Bolton in 2006 from Turkish side Fenerbahce
The 28-year-old was quoted by French newspaper L'Equipe as saying he would be interested in a move to the Blues.
He also stated that the two clubs were in talks over a possible move.
But Megson said: "I am not aware of Chelsea or any other club making contact. But Nic did say if nothing happens he is happy here at Bolton."
Speaking after Bolton's 1-0 win over Derby on Wednesday, Megson added: "I am aware of the speculation and have seen the article.
"It is something and nothing. We will just keep going and try to deal with the speculation that surrounds him."
We will just keep going and try to deal with the speculation that surrounds him
The Frenchman was quoted in L'Equipe as saying: "The chairmen (of Bolton and Chelsea) are discussing it.
"I really hope it happens - and especially that I am eligible to play in the Champions League."
He added: "But until the contract is signed and I am presented to the press in my new shirt, nothing is done."
Anelka, who joined Bolton from Fenerbahce in August 2006, has been continually linked with a move away from the Reebok Stadium and has not ruled out a return to former club Manchester City who he left in 2005.
"I want to go to a bigger club and that's what City have become under a manager such as Sven-Goran Eriksson, who I was ready to join in 1999 at Lazio," he said.
"But staying at Bolton, where I am very happy, wouldn't be a punishment either."
Anelka signed a new four-year deal to stay at Bolton in August and is the club's leading scorer this season with 11 goals.
But his agent Doug Pingsi has said that Wanderers' record signing deserves to be playing at the highest level.
"Nico is ready to join a club at the height of his talent and his football," he said.
"I would love to see him sing the Champions League anthem every year."