Spurs have denied claims they have bid €35million (£28m) for Palermo duo Simon Kjaer and Edinson Cavani.
Palermo president Maurizio Zamparini has claimed the Premier League outfit has made a big-money move for the highly-rated pair.
But the London club have come out to deny the claim regarding Denmark centre-half Kjaer and Uruguay forward Cavani, who have both played well at the World Cup.
A spokesman for Tottenham said: "Palermo's claims are inaccurate. We have not bid for these players."
Zamparini had earlier claimed Spurs have tabled an offer for the pair which was too good to turn down.
"Tottenham have bid €35m, an offer we cannot refuse, seeing as the two players have both said they want to leave," Zamparini told Sky Italia television.
"We will reinvest the money for these players. The midfield is my biggest concern, whereas in defence and attack we are fairly covered."
Kjaer's representative Mikkel Beck says that while the Denmark international is happy at Palermo, he would be open to a move should anything "concrete" materialise.
"The situation has not changed since the summer began," Beck told www.Sport.co.uk.
"He has a contract with Palermo for another three years, but he has been put in contact with so many big clubs in the last year.
"It is great that there is interest from these clubs, but I am afraid that nothing concrete has come from any of the interest as of yet.
"At the moment we stay put, and Simon is very patient. He knows what he has at Palermo, they are a top Italian team and are playing in the European Cup next year, so he knows what he has.
"But on the other hand he has admitted that if any concrete offers come out of the current interest then he would seriously consider leaving Palermo this summer."
Palermo signed 21-year-old Kjaer from FC Midtjylland in 2008, while Cavani, 23, was equally unknown when he moved to the Sicilian club from Danubio in 2008.