Bayern Munich CEO Karl-Heinz Rummenigge has told WAZ they have not made any contact over signing Christian Pulisic, Julian Weigl or Ousmane Dembele and played down the prospect that they will make further signings from Borussia Dortmund.
In recent years Bayern have signed Robert Lewandowski, Mario Gotze and Mats Hummels from BVB, but Rummenigge has said not to expect any more deals imminently.
Asked if Bayern planned to make Pulisic, Dembele or Weigl their next signing, Rummenigge replied: "I read those rumours too. But I have to note that fewer and fewer of them are true. I can guarantee you today that we have not contacted one of those players and will not contact them.
"We've got a totally relaxed and business-like relationship with Borussia Dortmund. Last year, the transfer of Mats Hummels, Mario Gotze and Sebastian Rode were handled in all calmness and in total agreement. Without stress. This relationship will not change."
When pushed to confirm that Bayern would not sign any of the trio, Rummenigge added: "Yes, none of them. Besides: Why should BVB sell them?"
That hasn't stopped Bayern looking elsewhere in the Bundesliga for talent with Hoffenheim's Niklas Sule and Sebastian Rudy to join in the summer.
Bayer Leverkusen duo Julian Brandt and Benjamin Henrichs have also been linked with a move to the Allianz Arena, but Rummenigge denied that Bayern target their competitors in order to weaken them.
"We fundamentally don't buy players to weaken another club but to strengthen ourselves," he said. "And where do you find players that make Bayern Munich better? At good clubs who are at the top. It's our job to consider them."
When asked if Julian Nagelsmann could be lined up as a long-term replacement for Carlo Ancelotti, Rummenigge was less certain.
Nagelsmann, 29, has caught the eye after leading Hoffenheim to third place in the Bundesliga and masterminded a 1-0 win against Bayern in midweek.
"I cannot give you a serious answer," he said. "I just know that we are totally satisfied and happy with Carlo. I wish him to remain a long-term coach of FC Bayern."
ESPN FC's Stephan Uersfeld contributed to this report.