Media speculation has suggested Kewell, who is currently without a club after not being offered a new deal by Turkish club Galatasaray, is set to join the two-time A-League champions.

It heightened further on Tuesday with claims by TV's Eddie McGuire that he would be unveiled by Victory when they host Scottish giants Celtic at AAMI Park on July 13.

But speaking on Melbourne radio station SEN this morning, Mandic poured cold water on talk that Kewell has already committed to Victory and said none of the Australian clubs has tabled an offer.

"We all have our Christmas wish list and I think a few people have got Harry on that," Mandic said.

"You've always got an ideal scenario that you work for as a club, but we, as his management company, have an ideal scenario that we work for the player and at the moment we haven't signed anything with anybody."

Having played in Europe for more than a decade, including in the English Premier League with Leeds and Liverpool, Kewell has put forward a proposal in which he would not be paid a base wage but rather receive a percentage of any new revenue generated by his arrival.

"Some clubs have called us, others haven't bothered," Mandic added. "The clubs that have called have been impressed with the integrity that Harry has shown in all of this.

"I don't think anybody expected it and people were almost sheepish in their approach saying 'is it true?' Well yes, it's true, he's prepared to come back on the basis that there is no financial guarantees.

"If the club doesn't do any better than it's doing now then Harry gets nothing. There is no base payment. Nothing at all. There is no set figure. It's an infinite piece of string."

Mandic was also quick to put forward the Roar as potential suitors.

"If the best stadium deal is in Brisbane, then why wouldn't he go to Brisbane?" he said. "Stadium deals make or break this deal. What would be wrong with Suncorp (Stadium)? 

"They've got a sensational team, a team that plays probably the best brand of football in the country, they've got a great coach (Ange Postecoglou) who's earned his stripes in Europe.

"They've got a stadium which is waiting to be filled."