Wolfsburg striker Edin Dzeko will remain at the German side next season, according to the club.
Dzeko has aroused the interest of several Premier League clubs, and was free to leave the Volkswagen Arena on Monday had a release clause of €40million been met.
However, Wolfsburg sporting director Dieter Hoeness has revealed the 24-year-old would be staying put.
“The conditions have not been met,” he said.
“We are very pleased that the period of uncertainty is over. He is a player of huge quality who would have been very difficult for us to replace.”