RB Leipzig CEO Oliver Mintzlaff has received no contact from Liverpool or Bayern Munich regarding Timo Werner.
Werner has been consistently linked to both Liverpool and Bayern, with a season in which he has scored 27 goals in 36 games in all competitions only fuelling the speculation.
The forward is under contract until the end of the 2022-23 season and Mintzlaff sees Leipzig as the perfect place for Werner to continue his development.
"Neither Jurgen Klopp nor [Bayern chairman] Karl-Heinz Rummenigge contacted me," Mintzlaff told General-Anzeiger.
"We are happy that we were able to extend the contract with him until 2023. He played a really strong first half of the season.
"We also believe that we are still a very good stage for Timo Werner, on which he can develop as a Germany international."