Bayern Munich have insisted there is "no basis" to the speculation linking them with a move for Cristiano Ronaldo.
In a post labelled 'hoax of the day' on the club's website, Bayern said they were not looking to sign the Real Madrid forward.
Ronaldo is said to want to quit Real and leave Spain over what he feels is unfair treatment by Spanish tax authorities.
As well as Bayern, Ronaldo has been reportedly linked with former club Manchester United, Paris Saint-Germain and a move to the United States or China.
But should Portugal's record goalscorer leave the Spanish capital this summer, Bayern chief executive Karl-Heinz Rummenigge said his destination will not be the Bundesliga champions.
"We are accustomed to speculating intensively on possible ins and outs during the transfer period," Rummenigge said.
"As a rule, we do not comment on these rumours.
"But now, in the case of Cristiano Ronaldo, we want to clarify once and for all that this rumour has no basis and must be referred to the realm of the fable."