Palermo president Maurizio Zamparini has said no offers for Javier Pastore have arrived following Italian reports suggesting Paris Saint-Germain have joined the race for his signature.
Il Corriere dello Sport claimed the Ligue 1 side were the latest in a long list of clubs to have expressed an interest in the 22-year-old.
Leonardo's expected arrival at the Parc des Princes has given rise to rumours claiming the French club could make a bid for Pastore.
He has also been linked with Barcelona, Chelsea, Real Madrid, Inter, Roma, AC Milan and Manchester City in the past.
Zamparini has often said it would take a €50 million (£44.7m) bid to take him off his hands.
However, the Italian chief has made it clear that no offers have arrived for the talented playmaker.
"Not even half an offer has arrived," he told the press.
Asked about PSG, he said: "I am unaware. I will see Pastore's agent [Marcelo Simonian]. It's not difficult to sell him, it's easy, you just have to know to whom you will sell."
The Argentine, who celebrated his 22nd birthday two days ago, arrived from Huracan in 2009 and is tied to the Sicilians until 2015.