Tottenham Hotspur appear to be the latest side to miss out on sought-after Uruguyan playmaker Gaston Ramirez.
According to reports on Goal.com, the Bologna star rejected an approach from Tottenham, after being offered unsatisfactory wages.
The news comes hot on the heels of reports that Liverpool are likely to miss out on the 21 year-old, leaving Internazionale in the driving seat to sign him.
Ramirez's agent Oscar Betancourt confirmed that Tottenham had made a “solid” offer to Bologna for his client, but could not come to an agreement with club representatives over a desired wage package.
“The only solid offer is the one from Tottenham, who offered €16 million [£12.6m],” Betancourt said.
“But the deal didn't go through because Spurs offered too low a wage to the player and if the wage difference is minimal he would stay at Bologna.”
Tottenham have so far signed Ajax defender Jan Vertonghen to replace the retired Ledley King, and managed to agree a deal with Gylfi Siggardsson, who appeared to be Liverpool-bound.
However, the on-going transfer saga with Luka Modric has left Spurs boss Andre Villas-Boas in a difficult situation as to whether he needs to replace the seemingly departing playmaker now or later.
Betancourt concluded by insisting that a deal for Ramirez was not impossible, and could hinge on the sale of Modric.
“Tottenham could raise their offer if they sell Modric and in that case the deal could be done, otherwise Ramirez will stay another year at Bologna,” he said.