Tottenham Hotspur have reportedly failed to secure Shakhtar Donetsk midfielder Willian after lodging an £11.8m bid.
Spurs manager Andre Villas-Boas has been open about his desire to sign the 24-year-old, whom he began keeping track of during his managerial stint at Chelsea.
Despite the North London club's strong interest, Shakhtar have claimed that a bid of less than £12m has been rebuffed, according to Sky Sports News.
Meanwhile, Spurs have announced that a partnership agreement has been reached with Real Madrid over the sale of midfielder Luka Modric.