Much speculation arose concerning the 27-year-old after he was omitted from the starting XI against Real Madrid, with Ryan Giggs and Danny Welbeck among those preferred in the starting line-up.
|WAYNE ROONEY LATEST
|22/1||Wayne Rooney is 22/1 with Bet365 to score a hat-trick against Chelsea on Sunday
"There is absolutely no issue about a new contract for Wayne,” he told The Mirror.
“When it is time to renegotiate with Wayne it will be done. We don’t want our best players to leave and Wayne is coming into his mature years."
The 71-year-old Scot also vehemently denied claims there is a rift between the pair, while he also cited illness and injuries as the main reasons behind his striker's depleted goal tally this season.
"He got me 32 goals last season and, although he’s had issues with illness and injuries this year, and hasn’t had a long run of games, he’s already got me 14 goals," he continued.
“For people to suggest that I don’t talk to Wayne on the training ground is absolute b******s. It’s an insult to me and to Wayne.”