"(He) has never been involved in player transfer and contract negotiations."
A report in The Sun newspaper on Friday claimed that the Swede took £6m to end his contract, and quoted West Ham co-owner, Asgeir Fridgeirsson, saying: "It's the manager and his management team who are responsible for paying out the player's salary."
Ljungberg joined the Hammers from Arsenal in July 2007 for a fee approaching £3m.
He only started 22 of West Ham's 38 Premier League matches last season after enduring injuries that included a cracked rib.
This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.