Cheltenham Town have confirmed on their official website that they have snubbed a bid from Derby County for teenager Luke Thomas.
A recent report from the Gloucestershire Echo stated that Southampton were leading the race for Thomas' signature, with interest from other Premier League sides such as Arsenal and Tottenham Hotspur too.
Yet, in a bold move, Derby have attempted to beat those huge teams to the signing of Thomas, making a bid for the teenager - only to see it rejected.
Cheltenham have confirmed on their official website that Derby's bid has been rejected, with chairman Paul Baker stating it was due to the offer not meeting their valuation of the player.
"The offer was considered at Board Level but was rejected due to it not reaching our valuation of the player," said Baker. "The interest in our young players shows the importance to the club of its Academy and the excellent job that the Academy staff do both in terms of recruitment and improvement of young local footballers," he added.
The 16-year-old plays either out wide or up front, and despite not being a regular for Cheltenham in non-league football, there is plenty of Premier League interest.
A highly-touted teenage prospect, Thomas' future lies away from Whaddon Road eventually, but the Robins are standing firm in a bid to get as much as money as possible for Thomas - and it remains to be seen whether Derby come back with another bid, or whether those Premier League teams now attempt to swoop in after learning of the Rams' failed offer.