Highly-rated Brazilian youngster Rafinha has snubbed interest from Liverpool and signed a new five-year contract with Flamengo, according to talkSPORT.
The 19-year-old's new deal with the Brazilian club reportedly includes a £35m release clause - no doubt inserted to ward off interest from the Premier League club.
Rafinha has only made eight first-team appearances for Flamengo, but has been watched by a large number of scouts from top European clubs.
Paris St-Germain are one of the teams mentioned, and the French club were thought to have been keeping close tabs on the youngster, with a view to possibly bringing him to Europe.
Liverpool scouts are also believed to have been watching Rafinha, but the five-year contract all but ends their interest.
Brendan Rodgers has made it clear that he's willing to give youngsters a chance in the Liverpool first-team, and Raheem Sterling, Andre Wisdom and Suso have all won promotion from the youth academy to the senior squad under the former-Swansea boss this season.
The Merseyside club signed Brazilian midfielder Coutinho from Inter Milan in the January transfer window, and the playmaker scored his first Anfield goal earlier this month against Swansea.
Danny Sturridge was Liverpool's other high profile January signing, and the England international has settled quickly into life at Anfield.