Sheffield Wednesday boss Alan Irvine has confirmed the club have rejected an offer from Nottingham Forest for Jermaine Johnson.
The winger has been linked with a £300,000 move to Forest following Wednesday's relegation to League One last season.
Wednesday's financial problems have also led to suggestions key players will be sold, with goalkeeper Lee Grant poised to join Burnley.
However, Grant's sale is likely to alleviate the club's money troubles and Irvine is adamant there is no pressure to accept offers for the likes of Johnson.
"Nottingham Forest did put in a bid for JJ which was flatly rejected," Irvine told the Sheffield Star.
"Nick Parker (chief executive] told them in no uncertain terms we are not interested in selling him.
"Clubs maybe think there's a fire sale going on at Sheffield Wednesday. I don't think that's the case.
"There was a bit of pressure to get some finance in; I don't think that pressure exists any more. I'm told by Nick that we are not suddenly accepting offers for anybody."