The Portuguese champions Porto have not received any proposals to buy out coach Andre Villas Boas's release clause, with the club denying media reports of an offer by Premier League club Chelsea.
Three Portuguese daily newspapers reported, without citing sources, that Chelsea were in talks to pay Porto for the 33 year-old coach's 15 million-euro ($NZ 23 million) release clause.
State news agency Lusa cited a source as saying the coach had already informed the club of his intention to move to the English side.
Chelsea sacked manager Carlo Ancelotti last month after a season in which they failed to win a trophy but just a year after the Italian led them to the league and cup double.
Villas Boas, who previously worked at Chelsea as assistant to his mentor Jose Mourinho, won the Portuguese League title, the Europa League, and the Portuguese Cup in his first season at Porto.
Italian Serie A team Inter Milan had been interested in signing Villas Boas, but their sporting director Marco Branca said the costly release clause had ruled out a possible move.
Villas Boas last month said his future was tied to Porto and that he was unaware of any formal interest from other clubs despite intense speculation for several weeks.
Porto president Jorge Nuno Pinto da Costa has urged the coach to stay at the club and remains convinced that Villas Boas will want to emulate Mourinho in impressing in the Champions League before moving to a more lucrative league.
