Brazilian sources had claimed that the 2011 Copa Libertadores winners had approached the 34-year-old as they plan for life without Ganso, who is widely expected to leave the club in the summer.
However, Pandolfo claims that he has never discussed the possibility of signing Riquelme with coach Muricy Ramalho, but did not say anything about a future move for the Argentine veteran.
"I spoke with Muricy and we did not discuss anything about this player," Pandolfo told Esporte Interativo.
According to Lancenet, however, Santos are put off at Riquelme's contract situation, as the midfielder remains tied to Boca Juniors, who have the final call on the player's future.
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