The attacking midfielder has been mentioned as a target for Arsenal and Manchester United, with Newcastle also thought to be tracking his progress on the south coast of France.
But Nicollin has admitted that not many clubs have inquired about his services despite the fact that Cabella is expected to leave Montpellier at the end of the season.
"Remy Cabella? Currently there are not many people jostling at the gate," Nicollin said as reported by Le 10 Sport.
Reports in England recently claimed Newcastle were leading the race for his signature, but this latest quote suggests Alan Pardew's side are not in for the midfielder.
Arsenal and United were both linked with the Frenchman earlier this year despite Nicollin's insistence that his player is worth €100m.
That figure may just be a negotiating tactic, but it seems to have put potential suitors off. Cabella is Montpellier's top scorer in Ligue 1 this season.
He has 10 goals in 31 appearances so far this term, as well as five assists.
He's clearly a talented player, and Nicollin, who admits Cabella is available at the end of the season, expects interest to heat up as the campaign draws to a close.
"He was promised that if he wanted by an ambitious club, we let him go," Nicollin continued. "And unless he has catastrophic last ten games, I think that there are clubs who are going to ask."