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Bookmakers had slashed the odds on Redknapp leaving Tottenham from 50-1 to evens after heavy betting that he would go back to Portsmouth for the third time in his career to rescue the team who are bottom of the Premier League.

Portsmouth have lost seven successive league matches and were unable to pay their players this week while owner Sulaiman Al Fahim, currently in hospital following an operation, makes an attempt to refinance the club.

But, speaking ahead of Tottenham's Premier League match at Bolton, Redknapp gave no indication that he was heading for a shock exit.

"I'm definitely not leaving. It's absolute nonsense. Absolute rubbish," he said.

"I couldn't be happier than I am here. I love it here and I have no intention of leaving. It couldn't have gone better for me.

"I left Portsmouth more than a year ago. Hopefully, Portsmouth will get sorted out. I don't know where people dream these stories up from.Internet sites were awash with speculation on Friday, with some suggesting Redknapp could be on his way back to Portsmouth for a third time in a bid to rescue the club which has gone seven matches without recording a point this season and which this week was unable to pay some of its players.

The Portsmouth situation was compounded when new Arab owner Sulaiman Al Fahim, who has promised a £50million cash injection into the club, was taken to hospital with kidney stones.

Redknapp, whose Spurs side have won five of their first seven league matches this season, said: "I left Portsmouth more than a year ago. Hopefully, Portsmouth will get sorted out. I don't know where people dream these stories up from.