Manchester United and Chelsea look set to miss out on the potential signing of playmaker Fredy Guarin.
According to reports from talkSPORT, the Colombian international is set to be handed a deal with current employers Inter Milan that will tie him to the Serie A outfit until 2017.
Guarin joined Inter initially on loan from Portuguese champions FC Porto in January 2012. After evidently impressing with his displays, Inter brought him back to the San Siro permanently just four months later.
He had made 25 domestic appearances so far this season, netting three goals and providing five assists.
Premier League rivals Manchester United and Chelsea were both credited with an interest in £10 million-rated Guarin towards the latter stages of the recent January transfer window, but it now looks as if they will have to look elsewhere for midfield reinforcements ahead of what is sure to be a busy summer of strengthening.
Manchester United in particular look desperate for a new midfield presence boasting such a level of versatility.
David Moyes' side - who were humiliated 3-0 by rivals Liverpool at Old Trafford on Sunday and will seek to progress to the last eight of the Champions League against Olympiacos on Wednesday night - have been incredibly lackluster in that department so far this season and will surely be on the look out for at least one new midfielder in the very near future.
Chelsea boss Jose Mourinho, meanwhile, recovered admirably from their inability to purchase Guarin in January by bringing combative Serbian Nemanja Matic back to Stamford Bridge in a deal from Benfica.