The former Spurs boss has no plans to move for the Bulgarian or Spanish forwards, instead backing current squad players such as Moussa Dembele and Bryan Ruiz
The former Spurs boss instead is focusing a number of prospects at the club such as Moussa Dembele and summer signing Bryan Ruiz.
"It is not our philosophy [to make signings like Raul]," Jol said.
"He is a star but I have another star in that position, who will probably be the same as Raul in the future. Moussa Dembele is on the way to becoming a fantastic player.
"Bryan Ruiz can also play there and we have a young player that can play in that position that you probably don't know in Kerim Frei.
"I have Pajtim Kasami, who is 19 years old, so I would probably be crazy to get another player in that position."
Jol managed Berbatov for a season when the Bulgarian played for Tottenham, but the former Ajax boss isn't preparing to bring striker to Craven Cottage.
"That is just paper talk," he said. "Dimitar Berbatov is at Man United and is quite happy. And if he moves I don't think it will be possible for our club to get him, you know?
"He is certainly a very good striker, he was very good for me, but it is just paper talk."
Jol also had sympathy for United and Manchester City after they crashed out of the Champions League on Wednesday, but the Fulham manager has welcomed their participation in the Europa League, a competition he knows inside and out.
"I feel that they will be very disappointed, especially Manchester United," Jol said. "They were tipped probably to win the Champions League because they are capable of doing so, but that is football.
"They went there to Basle, who are a team that could surprise any other team. They are fighters.
"Manchester City did their job, got their win and hoping that Villarreal would get the points at home against Napoli. It didn't come off but, as I say, that is football."
Regarding the Europa League, Jol continued: "We are happy to play at that level and that is why we do it with strong teams.
"Other clubs will probably make different decisions and play other teams, like Tottenham did. Then you will probably get punished, but maybe they are fine with that situation because there is always an advantage.
"Even if you lose a game or get knocked out of the Europa League [there are advantages], but our principle is to do the best we can in Europe and get as far as possible."