Galtier is the latest coach to be linked with the Newcastle hot seat that is set to be vacated by Crystal Palace-bound boss Alan Pardew in the coming days.
Caiazzo moved quickly to dismiss those rumours, claiming they are "insulting" to the Ligue 1 outfit, who are challenging for domestic honours after finishing fourth in 2013-14.
"Do you really think that Galtier, in the middle of a season in which he is aiming for a top three place, would leave like a thief for a club like Newcastle?" Caiazzo told Eurosport.
"It would be insulting to suggest that Christophe is even slightly interested in such a rumour.
"Christophe is not a man of money. He has been here for years and is fully engaged in the project."
TOPICS
LATEST ARTICLES
