Red Bull is not interested in buying West Ham United, the company's global head of football, Oliver Mintzlaff, has told kicker.
In December, it was reported by The Sun that the Austrian energy drink and marketing company was considering a £200 million offer for the Premier League club.
West Ham's co-owners denied the reports, although Jack Sullivan, son of joint-chairman David, said they turned down a £650m offer in August.
Mintzlaff said there are currently no plans to expand Red Bull's football brand beyond Austria, Germany and the United States, the three locations it currently has clubs in.
"I should really know about this in my function [as global head of football] because I'd be actively involved in it." Mintzlaff said. "But I am not involved. Thus, I can completely rule it out. We continue to focus on our investments at our current clubs."
Those investments have been successful so far, especially in Germany where Red Bull's Leipzig branch have taken the league by storm.
With their hard-pressing brand of football, they finished 2016 three points behind Bundesliga leaders Bayern Munich, who only opened that gap with a 3-0 win at the Allianz Arena on the final matchday of the year.
RB Leipzig are on route to qualify for a European competition in their first ever year in the top flight, and could come under scrutiny by UEFA for a breach of the financial fair play regulations which state clubs cannot repeatedly spend more than their generated revenues.
Last summer alone, Leipzig produced a transfer deficit of €50m, but Mintzlaff believes the club will face no struggle to maintain a playing licence for a European competition should they qualify.
"We've done our homework regarding financial fair play. I can see no problems for us," he said, adding that there will also be no problem because of Red Bull's involvement at Salzburg.
He added: "Salzburg has a different and completely independent setup. Someone from the outside might see it differently, but it's like that."