Ross Barkley has ended the transfer interest of Manchester United and Chelsea by signing a new long-term contract at Everton.
The English U21 international has been the subject of interest from some of the Barclays Premier League's top clubs, but has today committed his future to Goodison Park, with chairman Bill Kenwright understandably delighted.
"We are pleased but obviously not at all surprised that Ross has agreed his first long term contract with the Club," he said on the club website.
"Ross has recently talked of his commitment to Everton and his growth under the very special guidance of David Moyes, his staff and indeed our senior players. That combination of expertise can only be of benefit to any young footballer."
The 18-year-old, who has made three starts for the Toffees this season, has penned a deal that ties him down to David Moyes' side until 2016.
Links to Manchester United were particularly strong in the final stages of the summer transfer window, with The Sunday Express reporting in September that Sir Alex Ferguson was eager to open initial talks over a January move early.
The report went on to claim that the Red Devils would need to pay in the region of £15 million to bring the player to Old Trafford, where he would have joined Young Lions Danny Welbeck, Tom Cleverley, Chris Smalling and Phil Jones in the Manchester United first team squad.
Touted as 'the next Bryan Robson' at the time, all talk of a move to Manchester United will have been stopped in their tracks with the news of a four-and-a-half year deal.
The interest of Chelsea was reported to be similar, with initial claims of Andre Villas-Boas' interest surfacing in The Daily Mirror in September, with the same publication claiming a £20 million loan offer could be in the offing a month later.
AVB has made a point of re-building the Blues side with young players, and invested in the likes of Romelu Lukaku, Juan Mata and Oriol Romeu in the summer at Chelsea.
Barkley would have been another junior addition to the Chelsea ranks at Stamford Bridge, but the former Porto boss will now need to look elsewhere in the market.