Watford chairman Graham Taylor insists the club have received no approach from managerless Cardiff over the availability of Malky Mackay.
Mackay is the bookmakers' favourite to succeed Dave Jones, who was sacked by the Bluebirds just over two weeks ago.
But Taylor on Tuesday afternoon told WalesOnline: "We've had no contact from Cardiff."
He added: "There has been a lot of talk that it is almost a done deal but we have heard nothing from Cardiff. Until we hear anything differently there is nothing more I can say."
The Scot has been the number one contender for the vacancy for some time, with Cardiff expected by many outsiders to have already made some kind of appointment by now one way or another.
However, Alan Shearer has emerged in the past 24 hours to become heavily linked to the post, with a large increase in punters' money and a resulting drop in odds at the bookies only increasing speculation.
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