Highly rated Ajax defender Jan Vertonghen has expressed his desire to remain in Holland, and is set to snub a summer switch to the Barclays Premier League.
The news will come as a blow to potential suitors Arsenal, Liverpool and Manchester United, who were all interested in his signature.
The 24-year-old star first appeared on Arsene Wenger's radar back in 2009, when the Gunners completed a deal for Vertonghen's ex-teammate Thomas Vermaelen.
He has become a fans favourite at Arsenal after moving to the Emirates Stadium nearly two years ago, and they were hoping for more of the same by adding Vertonghen to the Gunners' books.
Liverpool and Manchester United have also been credited with an interest in the versatile full-back according to talkSPORT.
Reds boss Kenny Dalglish is looking to bring a new left-back to Anfield this summer, while also on the lookout for midfield reinforcements.
Vertonghen's ability to play in a more advanced midfield role in addition to his preferred defensive duties is a great attraction for the Liverpool boss, who is looking to strengthen the Reds in a number of positions.
Meanwhile, with the recent retirement of Manchester United legend Gary Neville, Red Devils boss Sir Alex Ferguson wants to bring in competition for young Brazilian Rafael in his right-back berth.
He is rumoured to be contemplating an offer that would see Vertonghen move to Old Trafford when the transfer window reopens in June.
However, Vertonghen himself has blown all speculation out of the water after reaffirming his commitment to Ajax and telling coaching staff there he wants to remain at the club.
A source at the Eredivisie giants confirmed, "It is good that Jan wants to stay with us. He is an important player, one of many, and he will continue here."
Confirmation that the flying Dutchman will not be moving to England in the summer will likely lead to a whole host of other names linked with moves to Manchester United, Liverpool and Arsenal respectively.