The former Manchester United defender was sacked 10 matches into a three-year contract and it was subsequently reported that managing director Derek Shaw was asked to distance himself from the club over a rumoured £2m settlement fee in Berg's contract.
But a statement released on Tuesday read: "Following recent and misleading media speculation, Blackburn Rovers FC would like to offer clarification on the situation concerning former manager Henning Berg.
"The owners wish to make it clear that the club's lawyers are actively seeking agreement with Mr Berg on the settlement of his contract. They also wish it to be known that a £500,000 instalment has already been paid to Mr Berg.
"Additionally, the owners would like to state that there is no investigation into this matter with regard to managing director Derek Shaw, who continues to have their complete backing and support.
"Mr Shaw, operations director Paul Agnew and Gary Bowyer are currently in India for meetings with the owners."