Northern Ireland golfer Rory McIlroy has hit out at claims made in a Dublin newspaper that has bought a Bugatti Veyron worth £1.3m.

According to the Sunday Independent, a source claimed "flash wheels are due to arrive in the coming weeks and are about to make the Co Down boy's wildest dreams come true."

"Rory is really enjoying living the high life with his winnings and he's always dreamed of getting a car like this," said the unnamed source

"He has made a call to a motoring garage in Northern Ireland in the past fortnight and asked to arrange for the car to be ordered with all the extras included.

The Bugatti Veyron EB 16.4 is a mid-engined supercar. It is the most expensive modern car in the world at £1.3m.

However McIlroy used his Twitter account to pour cold water the on claims describing them as "utter rubbish".

Not since Tiger Woods has anyone shown so much potential at such a young age.

At 21, after three years as a professional, McIlroy's precocious golfing talent has made him a multi-millionaire and demand for him is growing in the marketplace, too, with three clothing companies believed to be presently chasing his signature.

In 2010, McIlroy was 135th in the US for holing putts inside five feet and ranked 167th between five and 10 feet. The fearless golfer is currently No 8 in the world -- and is participating in his 100th individual event as a professional this week.