There has been speculation that Pogba will leave the Turin giants this summer even though Juve are keen to keep the 22-year-old.
Italian newspaper La Stampa reported that Real were willing to offer Pogba a five-year contract, earning 10million euros net per season.
A statement from the club on Thursday read: "Following reports published in Italian newspaper La Stampa concerning an alleged offer from Real Madrid for the player Paul Pogba, the club wishes to state the following: Real Madrid have had no contact either with Juventus or the player's agent and, as a consequence, the reports published in this newspaper are completely false."
Pogba has been a big hit since arriving at Juve from Manchester United in 2012.
The France international is tied to the Turin giants until June 2019.
Pogba played a major role in helping Juventus clinch their third successive Scudetto last season, scoring seven goals and setting up seven more in 36 Serie A appearances for the Bianconeri.
A hamstring injury has limited Pogba to 25 league appearances for the Serie A champions this season.
Pogba has been strongly linked to Paris St Germain while his former club Manchester United as well as neighbours Manchester City and Premier League champions Chelsea are also reported to be interested in signing the talented midfielder.
Juve, who have already lifted the Serie A and Coppa Italia trophies this season, face Real's arch-rivals Barcelona in the Champions League final on June 6 in Berlin.
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