Reports earlier this week suggested that Tottenham - who are yet to make much of an impact in this summer's transfer market - had launched a £15 million offer for Depay, with Eredivisie giants PSV supposedly willing to accept the offer.
However, according to a spokesperson for the club, Tottenham have not yet reached out in an attempt to secure a deal for one of the Netherlands' most promising young talents.
No Spurs contact
"There has been no contact from Spurs whatsoever," he told Sky Sports in an interview that was cited by Goal.
As well as confirming that Tottenham had not bid for Depay, the unnamed PSV representative was also keen to stress that the club have no immediate interest in Nacer Chadli, the Belgian midfielder who has been linked with a move to Philips Stadion in a potential part-exchange deal.
"Our sporting director Marcel Brands stated to Dutch media yesterday that he expects Memphis to stay at the club and Nacer Chadli is not of interest to us.
"We are in Austria at the moment for our Europa League game against SKN St Polten and Memphis is in the squad. He is fully focused on the game."
While Tottenham are not exactly short of attacking midfield options even after the departure of Gylfi Sigurdsson as part of the deal that saw Swansea duo Michel Vorm and Ben Davies move to White Hart Lane, they are in need of a touch more competition up front.
Roberto Soldado endured a miserable first season in English football following his move from Valencia last summer, while Emmanuel Adebayor is arguably far past his best and Harry Kane is yet to fulfil his potential.
Watch: The latest Manchester United transfer news
Manchester United boost?
Tottenham's apparent lack of contact with PSV for Depay will presumably act as encouragement for Manchester United, with the club having been linked with a move of their own for the player rather frequently since ex-Dutch coach Louis van Gaal took the reins at Old Trafford in July.
Van Gaal is obviously an admirer of the 20-year-old, who notched two goals in four appearances at the World Cup as the Netherlands secured third place after victory over hosts Brazil in their final match.
A player who has been dubbed in several sections of the press as 'the new Cristiano Ronaldo', Depay would be an exciting capture for Van Gaal as he seeks to impose his authority at Manchester United.
PSV's resolve to keep hold of one of their brightest players is certainly admirable, but recent quotes attributed to Depay suggest that he would be willing to consider any offer that came his way from a more reputable club.