Real Sociedad chief executive Jokin Aperribay has insisted that the side are yet to receive a "concrete" offer for Antoine Griezmann.
Arsenal have been linked with a move for the striker this summer, with the La Liga side reportedly seeking a £25m fee for the French international.
Aperribay told Spanish radio station Cadena Ser: "I will not comment on whether we have received an offer for Griezmman or not because it's commenting on hypothesis.
"If an offer arrives we will talk about it, but at the moment there is nothing concrete."
Manchester United and Paris Saint-Germain are also thought to be interested in Griezmann, who scored 16 times in La Liga last season.