Watford are yet to make an approach for Blackburn Rovers striker Adam Armstrong, contrary to reports.
Claims made by the Sun stated that Armstrong was the subject of an offer from the Hornets, which would have seen Andre Gray go the other way on loan for the season.
However, it is understood that the only approach formally made for the striker has come from Southampton, which has been rejected.
Additionally, Gray's wages are likely to be a stumbling block for the Championship club, who are not in a position to pay for the player.
Armstrong is understood to have been a name discussed by Watford during the earlier stages of the transfer window, but an approach is thought to be unlikely at this stage.
Recently Rovers boss Tony Mowbray hinted that the forward could be available this summer for the right price.
“I’ve got no issues with selling Adam Armstrong because we buy him for a number and then sell him for multiples of that number, we reinvest that money and buy some more young players and make them better and then keep building your club," he told the Lancashire Telegraph.
“That process isn’t finished because we don’t know what will happen if we sell Adam, we’ll ask the owners what money would be available.”
Watford for now are more focused on moving on surplus strikers like Gray, Stipe Perica and Isaac Success, while other midfield targets are being considered.
Last week sporting director Cristiano Giaretta said that the team was nearly as the club would like it for the upcoming season.
"We have almost completed the team," he said in an interview with Sampdoria news.
"We are thinking of adding another player."
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