"There is no interest there at all from us. I don't think I need to say more," he said.
"We haven't got £12million to buy a player, that's for sure.
Funds were used in the summer, wisely I feel, to get people in and I'm not looking to sign more at the moment.
"Every manager will tell you he is always looking to improve his squad but I've already brought in players who I knew had a winning mentality and I'm happy with how it has gone so far."
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To be honest I can not see too many clubs wanting Bowyer after recent events - the boards of the clubs would never allow a player with his history to sign.
This is further strengthened with the news Leeds, Woodgate, Hackworth and Bowyer will be sued but the Najeib family.
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Good luck to Bowyer, he does not deserve all this and I think the Najeibs are exagerating.
"I sincerely hope Lee will talk to us today, with or without his agent (David Giess), and agree that what we are asking for is not unreasonable given the unique circumstances which have happened over the last 23 months," said Ridsdale.
"We want Lee to play football for Leeds United. He is a very valuable member of the squad, but I think to not accept a fine in addition to the two-week maximum, given the circumstances, is wrong of Lee.
"People may say the fine is severe, but there are a number of people who would turn around and look at us, had we imposed a two-week fine, and said it was insufficient.
"Lee, by his own admission, had an excess of alcohol on the night in question in January 2000. We take very strongly that these players are role models and it is inappropriate to be in a city centre late at night as a professional footballer with an excess of alcohol in the body. We think we need to demonstrate that."
Bowyer says he is being victimised by Leeds after being cleared of charges of affray and grievous bodily harm in his recent court case.
"Having been acquitted of both charges at my recent trial, I was hoping to put this matter behind me and focus on doing my best for Leeds United and the supporters.
"Now the club appears to be victimising me and forcing me out having attempted to impose an unfair penalty by agreement."
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The question is : Is Bowyer's Career (both with England and English Clubs) finsihed?