The Swansea City Chairman was incensed after it was claimed that Pratley – along with Cardiff's Peter Whittingham – have rejected new deals because they want to play for Forest.
The comments were made my Forest Chief Executive in a radio interview over the weekend.
Hitting back Jenkins told the Western Mail “It’s complete rubbish and we will have to discuss whether we take action
“Someone has to take a stand against this sort of thing. When someone is that blatant, we have to stand up for ourselves.
“Perhaps Forest think we are a small club and, because they won some trophies a few decades ago, they can walk all over us.
“I can assure everyone that is not the case. We will only sell a player when the deal is right for us.
“I just can’t understand why the authorities are not stronger about this. Legally, the only time a player can talk to other clubs is if we accept an offer.
“It makes you wonder what contracts are for nowadays. If a player wants to leave should we just rip up his contract?
“This sort of thing takes us down a route no-one wants. There’s no stability for anyone, especially not players, if contracts become meaningless.
“It’s just a tactic to try and unsettle the player. They don’t want him to perform for us so that, in the end, we decide to give Darren away for nothing.
“But we don’t work that way and we won’t be bullied. If a player has a contract, they are our player until we decide otherwise.
“Forest have to pay us what we think Darren is worth, not what they want to pay.
“If you want to buy a house you don’t go in, offer half the asking price and expect to have it accepted.
“He (Arthur) is a quite highly-regarded part of the Football League set-up and is always on different committees and panels,” he added.
“So he knows the rules and regulations better than most.”
This article first appeared on JACKARMY.net.