Preston have been linked with the Nottingham Forest pair but chairman Derek Shaw told his club's official website: "There is nothing at all in that story.
"We've got four or five targets which the manager (Paul Simpson) identified and that we would like to bring to the club. One or two of those names have been mentioned in the media but there is nothing in the Commons and Holt story.
"All this rumour and speculation only leads to frustration among the fans. They read these stories and believe we're on the verge of signing a player."