Inter Milan president Massimo Moratti insists he is not considering Fabio Capello as a replacement for coach Claudio Ranieri.
Capello resigned as England manager on Wednesday night following the Football Association's decision to strip John Terry of the captaincy.
Inter have had four coaches since Jose Mourinho left for Real Madrid in 2010, but Moratti claims the club will keep faith with Ranieri.
In a statement on the club's official website, the president said the rumours of a possible change of coach "now or at the end of the season, are totally groundless".
He added speculation about Capello taking over is "also groundless".
Capello has previously coached AC Milan, Roma and Juventus in Serie A.