Maple Leaf Sports and Entertainment president Richard Peddie has distanced himself from suggestions he is preparing a bid for Tottenham.
Peddie has visited White Hart Lane but his trip was not linked to making an offer for Spurs and he insists he has not met chairman Daniel Levy.
'I have never met the individual, never contemplated an offer,' Peddie said. 'Complete fiction.'
He added in the National Post, a Canadian newspaper: 'I attended a game at White Hart Lane. I took the train, went to a game, watched Tottenham tie and had lunch there. That was the full extent.'
MLSE were reported to be contemplating a £250million offer for Spurs but that figure is understood to be well short of a bid that would be considered by the Barclays Premier League club.
Earlier this month, Levy said he would consider an offer to buy Spurs only if the deal was right for shareholders and fans - but nothing of that nature has yet been tabled.
The Spurs chairman is continually looking at ways for his club to progress - on and off the pitch - which has led to speculation of a takeover as their value rises.
In a rare interview, with FC Business magazine, Levy said: 'From the moment we came into this club, there has been constant takeover speculation.
'People know we run the club well and that it is not some private fiefdom, but the reality is no one has made us an offer that would even tempt us.
'We have more than 20,000 shareholders - and if it was in the interests of everyone, including the fans, we'd have to think about it.'