Chelsea’s bid to bring in Filipe Luis appears to have hit a dead-end, as the Blues and Atletico Madrid have so far failed to agree on a transfer fee.
The Brazilian left-back has already agreed in principal to join the Stamford Bridge outfit after rejecting the offer to stay in the Spanish capital, but reports have since gone quiet.
According to the Spanish newspaper Marca, the biggest snag is both clubs' valuation of the player and Los Colchoneros' insistence that he will be sold only if Chelsea match his €24 million (£19m) release clause.
The West Londoners, however, have proposed an offer of €15m (£12m) and reports suggest that they are not willing to go any higher.
“The English club aren’t willing in any case to accept Atletico Madrid’s €24m request to give the Filipe Luis the green light for his exit.” Marca reports.
It’s an intriguing situation which both clubs don’t seem to be benefiting from at this moment in time.
Chelsea are still in the hunt for a new left-back - it is an area which has become a priority for boss Jose Mourinho due to a lack of squad depth following Ashley Cole’s exit in May.
Atletico, likewise, are now facing a problem as they have already signed a natural replacement in Siquiera for a reported €10 million (£8m) fee.
With Luis telling the club that he is eager to move on, the La Liga champions were hopeful of Chelsea paying his release clause - but unless the Premier League outfit do so, they will be stuck with a player whose heart is not in it.
The 28-year-old joined Atletico in 2010 and has gone on to represent the club 180 times in all competitions
During his four-year stay at the Vicente Calderon, Luis has been a key member in helping the club win a host of trophies, including La Liga, the Europa League and the Copa Del Rey.