Derby have not received any offers for the highly-rated midfielder Will Hughes, according to manager Nigel Clough.
Arsenal in particular have been linked with a January move for the talented 17-year-old, who became the second youngest player to represent the England Under-21 side when he made his debut for the Young Lions as a second-half substitute during the 2-0 win over Northern Ireland on Tuesday night.
Barclays Premier League champions Manchester City, who now have former Rams chief executive Tom Glick among their ranks, and Liverpool are also reportedly interested in Hughes.
"It's inevitable Will will attract attention, there are not many 17-year-old's playing in the Championship at his level," said Clough. "To get the recognition at Under-21 level is testament to that.
"We are aware he is being watched, we see the list of scouts and the clubs they represent but we have heard nothing from them. There have been no firm bids from anyone."
Derby defender John Brayford has also been linked with West Ham but Clough added: "Has he? That's the first I've heard of that one. Again, it wouldn't surprise me though if clubs were looking at him."