Atletico Madrid defender Miranda has confirmed he has no plans to leave Spain this summer amidst speculation that he could join either Manchester United or Chelsea.
The 29-year-old was key in his side's La Liga title win last season, while he also featured in their Champions League final defeat against Real Madrid in May.
Chelsea and Manchester United interested
It has been claimed that both Chelsea and Manchester United were keen on securing his services - although neither were willing to pay his €24 million release clause. Chelsea in particular have looked to the Spanish champions as a source of new players, with Diego Costa already on his way to Stamford Bridge while Felipe Luis and Tiago are expected to follow.
Indeed reports in Spain suggested last week that Chelsea wanted all four Atleti stars for a combined fee of €100 million. However any hopes that either side - or his other reported suitors which included Barcelona - appear to have been dashed after he pledged his allegiance to Atletico Madrid.
Upon returning to pre-season training yesterday he was asked about his future, to which he replied: "Don't worry, I'm staying".
While Atletico Madrid fans will be relieved, Manchester United will have to focus their search for defensive options elsewhere. Both Nemanja Vidic and Rio Ferdinand have left the club, leaving them short of bodies - and experience - at the back.
Miranda was superb for Diego Simeone's side last term while he also chipped in with four goals so would have fit the bill perfectly, but it now looks unlikely that he'll be at Old Trafford next term.
Chelsea meanwhile have sold David Luiz to Paris-Saint Germain for a fee of around £50 million, and rumours persist that youngster Kurt Zouma could be sent out on loan, with Sunderland interested. That would leave only John Terry and Gary Cahill at the back - although Branislav Ivanovic can fill in - and Chelsea boss Jose Mourinho may decide he needs more options for the long season ahead.