''I nearly choked on my cornflakes this morning when someone told me that we were supposed to be in for Nicky Butt, the Foxes boss told the Leicester Mercury.
''Do you think that Nicky Butt will leave a side in the latter stages of the Champions League for a relegation battle? Do me a favour.
''The truth of the matter is that there is no money to spend on players for the rest of this season and when you see stories like that you know that the silly season is upon us.''