Liverpool boss Rafael Benitez claims the deal to sign Standard Liege forward Milan Jovanovic has yet to be finalised.
Jovanovic, 28, claimed earlier in the week that he had agreed a three-year contract to join the Reds on a free transfer at the end of the season.
However, a cautious Benitez claims that the deal to sign the Serbia international frontman has yet to be fully completed.
Jovanovic, who has scored 52 goals during 110 league appearances for Standard, is out of contract at the Belgian club at the end of the campaign.
"There are a lot of rumours in the press but we are working and we will say something if we finalise things," explained Benitez.
"At this moment we are talking with people and we are working."
Earlier in the week, Jovanovic had told Belgian newspaper Sporza: "We have reached an agreement for three years, with the option to extend for another season.
"I have yet to undergo a medical, but that shouldn't be a problem. I don't have any physical problems and I'm feeling perfectly fit."