Rangers striker Alfredo Morelos has turned down a lucrative £30m contract offer from Chinese Super League club Hebei China Fortune, Sky Sports News understands.
The three-year deal would have seen the Colombian earn £10m-a-year before tax.
Sky Sports News understands Hebei were willing to match Rangers' valuation of the striker, believed to be in excess of £15m, although no official bid was received.
Morelos has attracted interest from a number of German, Italian and Premier League clubs this summer.
The 23-year-old signed a new deal in March until 2023.
Trending
- Maddison: Carra spurred my goal quest
- Lampard must show style at Chelsea
- Arsenal and Sokratis agree to contract termination
- 'If Fury needs prep for AJ's power, then spar me!'
- WBA, West Ham set to avoid punishment for Snodgrass agreement
- Ole: Man Utd sign for long-term, not quick fix
- Man Utd transfer rumours: Van de Beek happy, Lingard stay?
- PL predictions: Villa can make life difficult for City
- Thomas 'upset' to be dropped by Ralph Lauren
- Lampard: Future out of my control | Rodgers: Title talk too early
On Sunday, Rangers manager Steven Gerrard said he wanted to keep Morelos but revealed his frustration at repeatedly answering questions about the player's future.
"Alfredo is a huge part of what we are trying to do here," said Gerrard.
"Instead of me answering this question every single press conference, I'm going to do everything I can to put Alfredo in front of you guys. Then you can ask him the question whether he wants to be part of this going forward.
"I can only say I want him to be part of it. The decision lands with Alfredo.
"I'm sure now that he has been in this country two or three years, he knows 'Yes' and 'No'. So can we have Alfredo up here please to stop me having to answer the question every time."
Follow the Summer Transfer Window on Sky Sports
Sky Sports brings you the very latest news from this summer's transfer market with three new shows.
Start your day with Good Morning Transfers at 9am as our team of reporters bring you the latest news and insight. Transfer Talk then follows at midday delivering analysis of the biggest stories. Then join us at 7pm for the definitive round-up of the day's news with The Transfer Show.
As well as tuning into Sky Sports News, don't miss a thing with our dedicated Transfer Centre blog.