The Owls, who could secure a return to the Premier League this weekend, have been linked with a host of names in recent weeks.
Sheffield Wednesday head coach Carlos Carvalhal
Wednesday have been linked with a string of names throughout the past few months, including Millwall's Lee Gregory, Darmstadt's Sandro Wagner and Karlsruhe's Dimitrios Diamantakos.
However, the most prevalent link is that of Sabri Sarioglu, the Galatasaray defender who the Turkish media claim has agreed to join the Owls at the end of his contract this summer.
Galatasaray's Sabri Sarioglu celebrates scoring against Lazio
Carvalhal though, insists that discussions over Sarioglu, or anyone for that matter, are yet to commence.
Asked about his side's reported interest in the six-time Super Lig winner, Carvalhal told BBC Radio Sheffield: "I know him very well, of course I know all the players in Turkey and he’s a good player.
"He's a full-back on the right, (but) we have Jack Hunt, we have Liam Palmer, we are very good in the position… we have also Marnick (Vermijl) who is playing on loan at Preston and he did a very good season.
"It doesn’t make any sense is my answer to you."
Preston's Marnick Vermijl will return to Hillsborough this summer
The Portuguese added: "Even one single player who the press talk about next season... (it) is speculation, 100 per cent speculation.
"I will tell you why: because I will decide on the players and I didn’t do any kind of technical meeting with the chairman about next season, because we must wait (to see) if we play in the Premier (League) or Championship.
"I didn’t read nothing but if something comes, it is speculation."
Wednesday, who last appeared in the top flight 16 years ago, will learn their fate on Saturday evening, following the conclusion of their Wembley date with Yorkshire rivals Hull City.
The Owls currently have three players out of contract, four players returning from loan spells and six borrowed from other clubs, suggesting another summer of change at Hillsborough, after 15 players arrived in 2015.
Sheffield Wednesday’s Alex Lopez is one of six players whose loans are expiring