Willem II have revealed that Wolverhampton Wanderers' offer for forward Jeroen Lumu was "far too low".
The Dutch club's technical manager, Marc van Hintum, insists that the 17-year-old will not leave in January.
"The offer of Wolverhampton was far too low," he told Voetbal International. "A departure is no more on the agenda."
Lumu's current contract with Willem II runs out in June 2015.