Reports Roman Abramovich is willing to sell Chelsea for up to £3bn are inaccurate and the club remains not for sale, Sky Sports News has been told.
US media station Bloomberg are reporting the Russian billionaire owner has employed merchant bankers in the States to advise on the sale of the west London club.
Abramovich has not been seen in London for several months since a series of visa problems in May.
However, despite his absence and stories resurfacing of a potential sale, sources at the west London club are adamant that nothing has changed and have told SSN that the club is not for sale.
At that point, the 51-year-old remained fully committed to Chelsea despite the fact plans to redevelop Stamford Bridge had been put on hold.
Abramovich bought Chelsea for £140m in 2003 and they have won the Champions League, the Europa League, five Premier League titles, five FA Cups, three League Cups and two Community Shields since then.