Marco Reus turned down the option of signing for Real Madrid before penning a new contract with Borussia Dortmund.
Madrid, Manchester United and Chelsea were all linked with a move for Reus after it was revealed that he had a £20 million release clause in his contract, but the 25-year-old has now committed his future to Dortmund until 2019.
Borussia Dortmund have since confirmed that Reus does not have a release clause in his new contract.
German source Kicker say that Real Madrid did indeed make a move for the former Borussia Monchengladbach ace, however he opted to remain with his boyhood club. "I am very happy with my decision for Borussia Dortmund," said Reus. "Dortmund is my hometown and Borussia is simply my club.
"I look forward to a successful future with our team and our fantastic fans behind us.
"There is plenty to do and I want to really get stuck in."
The news of Reus' renewal is a major boost for Dortmund, who will now look to fight their way up the Bundesliga after a terrible first half of the season. Jurgen Klopp's side are up to 16th after their 3-0 win against Freiburg on Saturday having been joint-bottom going into the winter break.
Fans have been expressing their delight on social media, and have praised the forward's commitment and loyalty when a move to Real Madrid was a possibility. Dortmund have lost a host of top stars including Mario Gotze and Robert Lewandowski in recent seasons to rivals Bayern Munich.
"We never let ourselves be influenced by all the rumours," said Dortmund chief executive Hans-Joachim Watzke.
"We always saw a good chance that this exceptional player could consciously decide in favour of Dortmund."
Since his return to Dortmund where he spent his youth career from Monchengladbach in 2012 Reus has been in inspired form, featuring in 72 Bundesliga games while recording 34 goals and 25 assists. His latest strike came in the win against Frieburg and he'll hope to have a similar impact in his team's Champions League last 16 tie against Juventus later this month.