Friday saw Villa boss Gerrard Houllier refuse to rule out the possibility Young had been the subject of an illegal approach by a rival club following his U-turn over contract talks.
Spurs manager Redknapp is a confirmed admirer of Young, having tried to sign the 25-year-old on more than one occasion.
But he insists Tottenham have had no contact with player himself, even making light of such talk.
With tongue firmly in cheek, Redknapp said: "I'm tapping him up - I've been round his house a couple of times. We've done the deal; he's okay."
Adamant Tottenham had "never" made an illegal approach for Young, Redknapp also indicated his interest in the player is at an end.
"We've got Gareth Bale - what would I do with him (Young)?" he said.
"I can't get Niko Kranjcar on the pitch; he's a fantastic player.
"What am I going to do with another left winger, give myself another headache?
"I'm strong in those (wing) positions: I've got Aaron Lennon, got Gareth Bale, got Luka Modric who can play off the left. It's hard enough as it is."
Redknapp added of Croatia midfielder Kranjcar, who has not started for Spurs for almost seven months: "I feel sorry for Niko.
"He goes and gets three goals for his country in two games and I can't get him on the pitch."
Source: Team Talk