"(He) has never been involved in player transfer and contract negotiations."
A report in The Sun newspaper on Friday claimed that the Swede took �6m to end his contract, and quoted West Ham co-owner, Asgeir Fridgeirsson, saying: "It's the manager and his management team who are responsible for paying out the player's salary."
Ljungberg joined the Hammers from Arsenal in July 2007 for a fee approaching �3m.
He only started 22 of West Ham's 38 Premier League matches last season after enduring injuries that included a cracked rib.
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