Miguel Veloso will remain at Sporting Lisbon after the club rejected bids from Bolton Wanderers and Newcastle United.
Veloso had been linked with a transfer away from Sporting during the winter transfer window, with Bolton strongly linked with a move for his signature.
However, Sporting's asking price, thought to be in the region of £15million, proved a sticking point.
The Portugal international's agent, Paulo Barbosa, said: "Miguel Veloso remains at Sporting.
"He missed the training session for personal reasons; nothing to do with the course of the negotiations."
Sporting snubbed an offer from Bolton reported to be worth 12million euros (£10.8 million) while the Magpies also tabled a bid, according to Barbosa.
"Newcastle have made a written offer but Sporting have rejected it also," he added.
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