Neymar's move to Chelsea looks to be all but squandered.

Chelsea have confirmed the signing of 15 year old Andreas Christensen from Brondby on a free transfer, as Andre Villas-Boas admitted that superstar Neymar wouldn't be making a move to the club in the future.

Neymar was widely touted for a possible move to Stamford Bridge, despite his sky high £45 million price tag and unproven talent in Europe.

But Barcelona and Real Madrid have also been chasing the striker hard, and Villas-Boas has now conceded that Chelsea are out of the race for the youngster, who has shone for Brazilian side Santos since moving into the senior side in 2009.

"I think that the Neymar matter is closed and locked in a safe," he said, as reported by Sky Sports.

"He has decided his future and no-one knows where he will go. Unfortunately, he will not come to us."

Chelsea look to be concentrating their energies on building a side with a long-term plan for winning trophies as well as a short term one, and the January transfer window was a testament to that, with the club signing youngsters Patrick Bamford and Kevin de Bruyne.

Villas-Boas' deals with Lucas Piazon and Thibaut Courtois in the summer also showed a movement away from spending big on already established stars, and moving towards future talents.

And Christensen is another step in this direction, with the six-foot tall defender set to join the Blues in the summer.

"I have chosen Chelsea because they play the kind of football I like," the youngster told Ekstra Bladet.

"At the same time, they have the best plan for my future in football."

Chelsea are currently under fire after they squandered a 3-0 lead over Manchester United at the weekend to draw 3-3. And while Roman Abramovich attended training this week, the club insist that Villas-Boas' job is safe, with a rebuilding process taking place at Stamford Bridge.