Real Madrid midfielder Esteban Granero - a reported target for Liverpool - will stay at the Santiago Bernabeu until the summer at least.
The 24-year-old has made only three appearances in La Liga this season and has frequently been linked with a January move away from Madrid.
Liverpool had been touted as a potential destination for the Spaniard, and a representative for Granero claimed he would be open to a switch to Anfield.
However, it would now a appear that a potential move to Liverpool is now out of the question, with Granero keen to fight for his place with Los Blancos.
"The future of Esteban Granero is very clear," a source from Granero's management company told the International Business Times.
"He would like to succeed by playing football with Real Madrid and he will do everything to convince his coach.
"Esteban is going to stay at Real Madrid, from now until the end of the season. When the season finishes Esteban has one more year in his contract with Madrid and we shall see."
Granero is just one of several midfielders linked with Liverpool as Kenny Dalglish reportedly considers reinforcing his ranks in the absence of Lucas Leiva.
However, the return of Steven Gerrard appears to have prevented Dalglish from making any hasty moves to replace Lucas, who is sidelined for the rest of the season.