Former Real Madrid striker Raul has turned down a move to Blackburn Rovers, according to his German side Schalke.
Earlier on Tuesday, general manager Horst Heldt said Schalke had given the 34-year-old until 1200 BST on Wednesday to decide on the transfer.
But the club later said on their
that Raul had rejected Blackburn and wanted to remain with them.
"The agent told me that Raul does not want to go to Blackburn," Heldt said.
No-one was available to comment from Blackburn.
Since Indian poultry and pharmaceutical giants Venky's took over
Blackburn in November 2010
the club have attempted to sign former England captain David Beckham and
ex-Brazil midfielder Ronaldinho
defeat by Wolverhampton Wanderers
on the opening day of the season on Saturday, manager Steve Kean said he wanted four more players before the transfer deadline.
- Scored 323 goals in 741 games in 18-year career at Real Madrid
- Is the all-time Champions League top scorer with 71 goals
- In 102 Spain games he scored 44 goals
joined Schalke last summer
after 18 years at Real Madrid.
The former Spain international, whose contract with Schalke runs until the summer of 2012, has been a success at the German club, scoring 14 goals in 36 league games.
His five Champions League goals helped his side reach the semi-finals where they lost to Manchester United.