Udinese sporting director Fabrizio Larini claims to have received no contact from Manchester City.
City chief executive Garry Cook was in attendance on Sunday as Udinese saw off Lazio 2-1.
It is believed that he was in Italy to run an eye over Chilean forward Alexis Sanchez, who is generating interest from across Europe.
Udinese insist the Blues have yet to open transfer talks, but are aware that a number of their key men are likely to draw admiring glances this summer.
"I have not talked with anyone at City," Larini told calciomercato.it.
"Their presence doesn't surprise me because big clubs have come to watch our players all season.
"We have many players who are attracting attention, such as Sanchez, [Pablo] Armero, [Mauricio] Isla, [Gokhan] Inler, [Kwadwo] Asamoah and [Samir] Handanovic.
"Will we sell big players? Nothing has been decided yet. We will wait until the end of the season before making any decision."
Udinese owner Giampaolo Pozzo has also attempted to play down lingering transfer rumours by insisting that he has no plans to part with any of his most prized assets, including Sanchez.
"If we qualify for the Champions League, we plan to maintain and strengthen the squad," he told Radio Rai.
"Alexis Sanchez? I hope he stays. He is 22 years old and would be a useful asset for another year.
"We will do everything we can with our budget. I am optimistic."