Wolfsburg sporting director Klaus Allofs has rejected reports that the Bundesliga side have made a 28 million-euro bid for Real Madrid attacker Alvaro Morata.
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Wolfsburg are returning to Europe for the first time since 2009 after they ended the Bundesliga season behind the Bayern Munich, Borussia Dortmund, Schalke and Bayer Leverkusen, earning them a place in the Europa League.
The club have invested in the last two transfer windows, after last summer they beat Arsenal to the signing of Luiz Gustavo, and in the winter they landed Kevin de Bruyne from Chelsea.
This summer, the VW-owned team are set to reinforce their attack and this week Tuttosport claimed a 28 million euros offer for Real Madrid youngster Alvaro Morata had been lodged.
"That's complete and utter nonsense," the club's sporting director Klaus Allofs told local newspaper Braunschweiger Zeitung. "We have not put in an offer."
According to media reports, Morata is seeking an exit from Real, but favours the Italian champions Juventus. "I want to join Juve," Italian papers have quoted the attacker, who is looking for first-team opportunities outside of Spain.
Wolfsburg, meanwhile, have also been linked with the former Hamburg attacker Pierre-Michel Lasogga and the Chelsea forward Romelu Lukaku.