Wanderers and Reebok today laughed off speculation that Jurgen Klinsmann could be heading for Bolton in a spectatcular transfer coup.

Recent rumour suggesting the German ace was a Wanderers target has been fuelled by the deal announced 11 days ago that puts the name of the sportswear giant on the new stadium at Horwich.

But top officials of the club and the company have contemptuously dismissed newspaper reports suggesting Wanderers are in the running for the Bayern Munich star's signature.

Wanderers' chairman Gordon Hargreaves said the suggestion that Reebok had offered to sponsor Klinsmann's contract - said to be £50,000 a week - came from "dreamland".

He explained: "We are growing and we have ambition but we are not in that league yet.

"We have come this far on good housekeeping and we aren't going to do anything to jeopardise the progress we've made.

"I don't want to raise fans' hopes that we can compete with the top European clubs on the personal terms of players. We can't match their financial muscle."

Klinsmann, who will be 33 in July, is considering another big money move in his glittering career and has been strongly linked with a return to Spurs.

Dave Singleton, Reebok vice-president Northern Europe who happens to be a lifelong Wanderers fan, described the suggestion that the company would be prepared to sponsor Klinsmann's transfer as "balony"

"We obviously have a relationship with Jurgen Klinsmann and we have a partnership with Bolton Wanderers but it's pure speculation to suggest that the two could be connected in any way," he said dismissively.

"We have endorsement agreements with a number of players worldwide - Giggs and Batistuta for instance. But we don't control their playing contracts in any way.

"That's not a road we would want to go down. We have an endorsement contract with Klinsmann and we are happy to keep it that way.

"The idea that we would sponsor his contract seems to have come from the other side of the moon."

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