The tabloid media in Greece have again linked Nottingham Forest defender Yuri Ribeiro with a move to Olympiakos.
But journalist Gerasimos Manolidis, of Sportime, says the left-back is not a target for PAE who are also owned by Forest supremo Evangelos Marinakis.
Ribeiro had been linked with the Greek giants last month as part of a double move involving Reds midfielder Tiago Silva.
But Manolidas said Olympiakos will not sign him.
Manolidas said: "Two Greek Sports tabloids today report again about Yuri Ribeiro's possible transfer from NFFC to Olympiakos.
"I have the same information as before for three weeks. Olympiakos will not sign him. The first target remains Matheus Reis from Rio Ave FC."
Ribeiro joined Forest from Benfica in July last summer and made 31 appearances as Forest pushed for a play-off place.
Indeed, he was one of Forest's top performers across the board last season and scored an average of seven out of ten in the 31 matches he played.
Ribeiro has also turned out for Rio Ave after coming through Benfica's academy.
He managed nine appearances for Benfica before making the move to Forest.
Ribeiro contributed three assists for the Reds in 27 Championship appearances in 2019-20.