Crewe boss Dario Gradi insists Wolves have not made an approach for striker Dean Ashton.
Ashton has been linked with a move
Dave Jones has been linked with a move for the 20-year-old when the transfer window opens in January.
But Gradi said: "Newspapers just go out to fuel speculation regarding players and we don't take any notice.
"With Dean there has been no bid from Wolves or anyone else and there is
nothing to say," Gradi told the club's official website.
He added: "We only take anything seriously when a formal bid is made for one of our
players and then we sit down and consider it."