Cologne have insisted there are no fresh developments on Pedro Geromel's future amid speculation linking him with a move.
Wolves manager Stale Solbakken revealed earlier this week that he was hoping to speak to the German club about the 26-year-old centre-back.
Reports have since suggested that Atletico Madrid have already agreed a deal to take Geromel to Spain, with a loan move to Sevilla to follow.
However, Cologne have given no indication that an exit could be imminent, with the player's deal not expiring for another two years.
Executive Claus Horstmann told Express: "Pedro Geromel is contracted to Cologne. There is nothing new to report."