Roma's chief executive Claudio Fenucci claims reports linking Daniele De Rossi with a summer switch to Manchester City were never discussed.
A delay in the Italy international penning a new contract in the Italian capital only served to fuel speculation that he could be on his way to England.
City made no secret of their admiration for the combative midfielder, with Roberto Mancini refusing to rule out a deal being done when pressed on a regular basis on the likelihood of an agreement being reached.
In the end De Rossi committed his future to Roma and revealed that leaving his home-town club was never an option.
Fenucci has now backed up those comments, insisting that no discussions were held with City or any representatives of the Premier League champions.
"City were interested but there was no negotiation," he told Sky Sport Italia.
"We have not heard about any proposals. We have never been looking to do a deal so the figures quoted have made no difference to us.
"Daniele is a player different from many others, both on a technical level and what he can give to Roma in the next few years. If we were going to consider a sale, we would have had a lot to think about.
"We have looked to benefit the squad rather than make an economic decision. When you decide to take that route, even if an offer arrives you don't take it into consideration."
Meanwhile, Roma have completed the signing of Uruguayan goalkeeper Mauro Goicoechea on a season-long loan.
The 24-year-old arrives from Danubio for an initial fee of 100,000 euros, with a further 700,000 euros due in June 2013 should the Giallorossi wish to make the move permanent.