The Reds have been linked with moves for all three players in recent weeks.
“Ronaldinho and Suarez are players who we have never even thought about but I would think there is not a manager in the Premier League who has not given Ashley Young a thought at some stage or another,” said Hodgson.
“But giving a player a thought and thinking ‘This is a good player’ and signing him are two vastly different things.
“I could give you quite a long list of players in the Premier League who I admire and think are very good.
“But there is no truth in the rumour. If you are asking if there are any negotiations taking place between Aston Villa and Liverpool, then there aren’t.”