It has been claimed Emenalo revealed the Blues' interest in three players, including 19-year-old Hadjuk Split striker Ante Vukusic, to Croatian newspaper Sports Kenovsti during a visit to Zagreb.
But Chelsea denied any such conversations had taken place.
Transfer storm: Emenalo was reported to have discussed Chelsea's signing targets
A spokesman said: 'The story is nonsense. Michael Emenalo didn't speak to any journalists nor make any such remarks.'
Emenalo was reportedly in the Croatian capital on Saturday to watch Hadjuk Split's match against Dinamo Zagreb.
The Nigerian was appointed Carlo Ancelotti's assistant following the controversial sacking of Ray Wilkins last November.
Meanwhile, Chelsea are continuing their investigation into allegations that Manchester City's players and referee Chris Foy were the victims of a laser pen attack during Sunday's Barclays Premier League game at Stamford Bridge.
The Football Association last night confirmed they were awaiting the Blues' observations before deciding whether to take any action over the matter.
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