Genoa President Enrico Preziosi has denied that he is currently in the process of selling the club.
Reports had suggested that a Kazakhstani businessman was in due to buy the Grifone from the toy entrepreneur.
However, the 65-year-old has insisted that those rumours are false.
“There have been no offers,” he revealed to telenord.it.
“From Kazakhstan we have not received any offers to purchase Genoa.”
The Marassi side are currently 19th in Serie A, but with five game to go, are only one point from safety.
Think you know your Italian football? Share your knowledge, tips and comments to win cash prizes in OLBG's tipster competition  - £5,000 monthly.