David Moyes has denied reports that Manchester United have made a bid for Tottenham star Gareth Bale.
The long-running saga over Bale's future took a fresh twist on Monday when it emerged Spurs were considering offers from more than one club for the 24-year-old forward.
Bale was thought to be nearing a world-record move to Real Madrid having reportedly spent the weekend in Spain to finalise the details of a switch to the Bernabeu.
But it is understood that Spurs have received a bid from at least one other club for the Wales international.
Moyes made clear this was not from United when he spoke after his side's goalless Premier League draw with Chelsea at Old Trafford.
Asked if United had made a bid, he said: "No."
But, having not yet made a major signing since taking over at United, Moyes mentioned he was still on the lookout for new players.
He said: "I have just said Manchester United are always interested in the best players.
"The board and myself would always be looking to sign who we think are the best players, whoever they are."
While people may interpret that to mean United could yet enter the race, the onus clearly remains on Real Madrid to push through a deal for their long-time target.
Spurs are thought to be dismayed with Real's conduct during the whole affair.
The club erected a stage inside the Bernabeu, thought to be for Bale's unveiling, and they also started selling replica shirts with the Welshman's name on the back.
There is also a concern among the Spurs hierarchy that Real do not have the money to pay for Bale outright. They are unimpressed with the Spanish club's current offer, which involves spreading what is expected to be a world-record fee of at least £86million over six years.
Bale missed Tottenham's 1-0 win over Swansea on Sunday after being given time off, and he spent the weekend in Marbella.
Spurs have invested heavily in players throughout the summer to bring the likes of Paulinho, Roberto Soldado, Nacer Chadli and Etienne Capoue to White Hart Lane.
Despite such an outlay they maintain that they do not need to sell Bale to recoup the money spent.
Spurs boss Andre Villas-Boas has said there is even a possibility Bale could stay at Spurs.
"There is interest from Real Madrid," Villas-Boas said.
"Whether the transfer will happen or not, hopefully you will have more news in the next couple of days, but at the moment there is nothing I can tell you."