Eddie Irvine, who attended a trio of grands prix in April and May, is reportedly behind another Russian-backed consortium, keen to take over where disinterested billionaire Alex Shnaider intends to halt.
Sporting director Trevor Carlin, though, insisted at the Nurburgring that the Silverstone based team - founded by Eddie Jordan in 1991 - is no longer up for grabs.
The Briton added: "It's just mischief being made by people who want to destabilise the team."
Jordan also denied it is gradually morphing the traditional yellow livery into one more identifiable with Shnaider's 'Midland' company.
At Monaco, for instance, the EJ15's yellow sidepods turned black.
"(We) changed the colour," a Jordan spokeswoman revealed, "... to provide suitable background colouration for Benson & Hedges branding."
She said Jordan then decided to retain the added black as it offers a 'clearer' background for potential sponsors.
"(Jordan) ... is committed to its yellow colouration for the 2005 season," the spokeswoman added. -GMM