The 26-year-old has been linked with a £100,000 move to the big-spending promotion favourites but chairman Huw Jenkins insists that Way is amongst a number of targets.
"Darren Way is one of six or eight players we've enquired about in the last two weeks," he said.
"We've spent hundreds of hours on the phone since the window opened and he's someone we're interested in.
''We haven't actually bid for him, but we have talked figures with his club.''
The midfielder is out of contract in the summer.