Torino have rejected Birmingham City's offer for Ghana international Afriyie Acquah and manager Sinisa Mihajlovic says the midfielder will stay in Italy.
Harry Redknapp has been chasing the 25-year-old for a while and the club were confident of completing a deal earlier this week before Torino began to stall.
And Mihajlovic told Italian reporters on Sunday that Blues' bid has been knocked back: "I was opposed to [his] sale. [The] bid from Birmingham too low, [he] will stay with us "
Redknapp is still hoping the two clubs can come to an agreement before Thursday's transfer deadline, but he isn't involved in the deal itself.
After Saturday's 2-0 defeat to Reading, Redknapp said: ''I don't deal with it so I don't know where we are with that. The deals are done by other people. I don’t know what will happen there.''