The 21-year-old Toulouse midfielder is up for sale at €15million, a figure Newcastle will not match.
The highly-rated 21-year-old midfielder has been strongly linked with a move to England this summer.
One of his agents was quoted as suggesting that Liverpool and Newcastle were in talks about a deal.
But skysports.com can confirm a deal is not being discussed by Premier League club Newcastle.
Sources close to the club have told us that there is 'no truth' in the claims that they are looking to sign him.
Sissoko's agent, Bacary Sanogo: "The link with Lyon is serious, but it is not the only one.
"There are also negotiations with Liverpool, Newcastle and Inter.
"Things should seriously move next week.
"His priority is a club with a major sporting project, but it will not pose a problem to Moussa [to remain with Toulouse]."
NEWCASTLE UTD FIXTURES:-
Saturday 13th August 2011
Newcastle United v Arsenal 15:00
Saturday 20th August 2011
Sunderland v Newcastle United 15:00
Saturday 27th August 2011
Newcastle United v Fulham 15:00
Saturday 10th September 2011
Queens Park Rangers v Newcastle United 15:00
Saturday 17th September 2011
Aston Villa v Newcastle United 15:00
Saturday 24th September 2011
Newcastle United v Blackburn Rovers 15:00
Saturday 01st October 2011
Wolverhampton Wanderers v Newcastle United 15:00
Offer To Toon Fans Continues
Due to the amazing response from NU-Mad readers ... we have decided to continue our offer for you to buy "Magpies In Europe" for the amazing price of £5.99. The offer will end July 1st.
A 'THANK YOU' TO FOOTYMAD READERS ...
'MAGPIES IN EUROPE'
FOR £5.99 (inc post)
2010/11 has been NewcastleUtd-Mad's greatest season for page 'hits', and as a thank you to all readers we are giving you the chance (FOR TWO WEEKS ONLY) to purchase "MAGPIES IN EUROPE" for £5.99 (and that includes the postage).
*Normal price is £9.99
OFFER ENDS JULY 1st 2011
Although "Magpies In Europe" will not be launched OFFICIALLY until next season ... if you want a copy it is available NOW from this website ... and ONLY from this website!
FOREWORD BY FAIRS CUP HERO JOHN McNAMEE
Sports Journalist Richie Everson: "At last a book that the fabulous Newcastle United fans can relate to. It's informative, all the facts and figures are there, plus the 120 match reports from all the fixtures ... but it is the articles by the supporters that amazed me.
"I went to many of those games, and this is the only book I can honestly say 'hits the nail on the head'!
"Yes we know the results and the scorers, but some of the facts in this book had me so wrapped up in it I couldn't put it down.
"Was Benny Arentoft cup-tied when he played in the final? Big Wyn and his battle with John McGrath; McFaul scoring a penalty when the crowd had gone home; the trouble in Palermo; it is all amazing stuff.
"I would honestly give this book 10 out of 10."
MAGPIES IN EUROPE
From Antwerp to Zurich
Please include your address in a letter and send a cheque (or postal order) for £5.99 payable to Mr K Fletcher, to:
'MAGPIES IN EUROPE', K Fletcher, 5 Dunelm, Sacriston, Co Durham DH7 6NU.
Or contact: Kevnumad@fsmail.net