Sporting Lisbon coach Marco Silva has reportedly had an offer rejected for Egyptian starlet Ramy Rabia.
Sky Sports understand that a number of Premier League clubs are chasing Rabia, prompting Sporting to act quick and lodge a £500,000 bid.
However, Rabia's club Al-Ahly have rejected the approach and are holding out for a higher offer.
Craig Honeyman, managing director of SEM, Rabia's representatives, said: "Sporting Lisbon have made an offer, but Al Ahly have told us this is not enough.
"Talks are continuing, but there is interest from the Premier League and elsewhere in Europe."
Among the clubs said to be previously interested are FA Cup winners Arsenal and the side they beat to claim their first trophy in nine years - Hull.
The pair reportedly approached Al-Ahly last season with the hope of taking Rabia on trial, but the Egyptian outfit rejected the idea.
21-year-old Rabia is an Egyptian international and has won nine caps since making his debut for the Pharaohs in 2013.
Having been part of the Al-Ahly side which claimed back-to-back CAF Champions League titles, a move to Sporting would give Rabia the chance to compete in the biggest club tournament in world football - the UEFA Champions League.
The Lisbon outfit qualified for the group stage of the tournament having finished second in last season's Primeira Liga.
That second-placed finish saw coach Leonardo Jardim earn a move to French moneybags Monaco, but Sporting moved quickly to bring in former Estoril boss Silva.
Having not competed in Europe's premier competition since the 2009-2010 season, excitement will be high among the Sporting camp, though competing against the best teams from the continent will be a big challenge for Silva who only has three years managerial experience under his belt.
Talk of making a move for an exciting young talent will be a pleasant distraction to Sporting fans, who have had to get used to speculation linking their brightest prospects with moves away from the club.
With Champions League football to play next season, Silva will need to add more recruits to his squad and Raby could be just the man to build the defence around.
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