Agent Tullio Tinti addressed the reports during an appearance on Sky, making clear that no serious negotiations were underway.
"My players and I generally respect contracts. Bastoni still has two years left on his deal with Inter, he's in love with these colours and today he isn't thinking about another club. If one day a club were to come along that could satisfy both Inter and the player, then it could be discussed, but right now there's nothing concrete that would suggest a real negotiation.
"I don't think he's ever considered the idea of leaving Italy. He suffered an injustice against Juventus. The rules didn't help in that case: if the referee had been able to review the incident on VAR, it probably wouldn't have happened.
"Alessandro has a lot of personality, he loves the Inter shirt and he knew how to respond in the best possible way to that difficult moment," Tinti said.
Interest from Al Hilal had emerged in recent days, with reports suggesting the Saudi Pro League club, managed by the coach who led Bastoni to a Scudetto and Coppa Italia double at Inter Milan, were exploring a move for the centre-back. Inter are understood to value Bastoni in the region of €60m-€70m, a fee considered high enough to make any approach a serious undertaking rather than a straightforward negotiation.
Bastoni endured a difficult few months on a personal level last season, including a controversial red card in a match against Juventus that sparked debate over VAR protocols, but Tinti's comments suggest the defender has no intention of using the incident as a catalyst for a move away from Milan.
Before any deal could progress, Al Hilal would also need to resolve a squad-registration issue, having already reached the maximum number of foreign players permitted under Saudi Pro League regulations, meaning any move for Bastoni would first require an outgoing departure elsewhere in their squad.
That structural hurdle, combined with the size of the fee involved, means the interest remains at an early, exploratory stage for now.