The owner of the Independent, Evgeny Lebedev, says he has yet to receive a single offer to buy the title and its sister paper, the i.
The Guardian reported in January that the Independent's "founder, and current chairman of its publishing company, Andreas Whittam Smith, has been authorised to seek out a buyer".
Asked by ITV News if anyone had come forward, Lebedev said: "Nothing that's been of any follow-up or anything that is to go any further. We've had some approaches. Those approaches happen every so often."
On whether any offers had been made, he replied: "No. For one reason or another. I can't really speak for the people who are making approaches. I can't really tell you why they haven't."
The Independent’s cut-price stablemate i rose 0.64 per cent year on year to an average of 300,110 sales a day in February according to ABC. The Independent fell 14.4 per cent over the same period to 64,279.