Lyon have dismissed speculation claiming they were in talks with Valencia over a possible swap deal involving Fernando Morientes and Kim Kallstrom.

Reports in Spain have suggested Valencia may be ready to offer Morientes as part of their bid to lure Kallstrom.

Valencia have already had an €11million offer rejected by Lyon.

However, Lyon have revealed that they are not interested in selling Kallstrom, and have interest in signing Morientes.

“We didn’t make any offer for Morientes, and we have no contact with Valencia,” said club spokesman Olivier Blanc.

“About Kallstrom (pictured), Valencia made an offer but we didn’t follow it up.”