Arsenal will not be signing German youngster Mario Goetze this summer, after reportedly seeing an approach rebuffed by Borussia Dortmund.
According to Goal.com, the north London club enquired as to the availability of the £25 million-rated midfielder but Dortmund are refusing to sell.
And, amid interest from Arsenal, Goetze's agent has confirmed his client will be staying at the Signal Iduna Park for the foreseeable future.
"Mario will stay at Dortmund, for sure, the next two years," said Volker Struth.
"There is no chance of him going to another club this window.
"This is because he is so young and it is too early in his career for him. The club, the player and his family, we are all of one mind that it is better for him to stay there because he is happy at Dortmund."
Manchester United, it is claimed, have also been pursuing the 19-year-old Germany international as Sir Alex Ferguson looks to bring a long-term successor to Paul Scholes to Old Trafford.
The United boss, however, appears to have put his faith in Tom Cleverley to fill Scholes' shoes - a move which is currently paying handsome dividends.
Arsenal, meanwhile, are reported to have agreed a deal to bring Brazilian full-back Andre Santos to the Emirates Stadium.
It has been claimed Arsenal will pay Fernerbahce £7 million for the defender, as Arsene Wenger searches for reinforcements before the transfer deadline.