Lazio striker Miroslav Klose was reported to have been left distraught as his employers failed to sanction a loan move to Arsenal for the remainder of the season after the north London club had made an approach.
According to Metro, the Gunners had offered Lazio £2 million in order to recruit the German veteran for the rest of the campaign, but the Serie A side rejected the bid despite Klose's willingness to move.
The 35-year-old had hoped to move to the Emirates Stadium in order to enhance his chances of being selected for Joachim Löw's World Cup squad, but Lazio dismissed his pleas to join Arsenal.
Klose had sounded out compatriots Per Mertesacker, Mesut Özil and Lukas Podolski to find out more about the inner workings of the club, although this proved to be futile as Lazio ordered him to stay in the Italian capital.
Arsenal managed only to recruit Sweden international Kim Kallstrom on loan during the winter transfer period, despite Arsene Wenger having been linked with numerous potential acquisitions.
The Gunners had tried to sign Julian Draxler from Schalke, but this has now been delayed until the summer, and Kallstrom arrives purely to relieve the relative injury crisis in the Arsenal midfield.