Arsenal and Chelsea have suffered a blow in their pursuit of Feyenoord starlet Jordy Clasie, after the midfielder extended his contract with the Eredivisie outfit until 2015.
Skysports.com reports how the 20-year-old has been locked in talks with the Rotterdammers, who have been eagerly trying to negotiate a new long-term deal.
Clasie has established himself as a first-team regular at Feyenoord, and had reportedly attracted the attention of Gunners boss Arsene Wenger - who was looking to bring him to the Emirates Stadium in January.
Meanwhile, Blues boss Andre Villas-Boas has also been credited with an interest in the player, and was ready to rival Arsenal in the race for Clasie's signature.
With pressure increasing on the Portuguese tactician at Stamford Bridge, Villas-Boas is already looking to the transfer window to further strengthen his Chelsea squad.
However, any hopes either club may have had of signing Clasie have now been extinguished, after Feyenoord technical director Martin van Geel told the club's official website:
"He's presented himself very well this season. Jordy had already shown that he is a very good player.
"This season he has proved in a very short space of time the value he holds at Feyenoord. Therefore we would like to continue with Jordy, which means an upgrade of his contract."
Clasie himself expressed his delight at having resolved his future, at the expense of both Arsenal and Chelsea.
"Early in the season the club indicated that they would like to keep me for longer," he said. "That suggests they have a lot of confidence in me. I'm glad we worked it out."