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Tottenham manager Andre Villas-Boas will have to continue his search for a new striker after it was revealed that he had failed in a bid to sign Valencia forward Roberto Soldado.
The Spain international has admitted that Tottenham had an offer rejected by Valencia manager Mauricio Pellegrino who is clearly keen to keep the striker at the club.
Soldado originally came through the Real Madrid youth system but was unable to make his mark on the first team and was subsequently sent on-loan to Osasuna.
His prolific striker rate at Real Madrid B, where he scored more than a goal every other league game, coupled with an impressive spell as Osasuna saw him eventually move on a permanent basis to Getafe.
Soldado spent two seasons with the Madrid-based club before agreeing a switch to Valencia where he has gone on to score 36 goals in just 67 appearances.
Spurs have been keen to add another striker to their squad as Jermain Defoe is currently the only senior forward at the club.
Now it seems they have missed out on Soldado, with the 27-year-old admitting that he is happy to remain at Valencia.
"I knew their interest on me; my representatives told me they made an offer to the club, but despite the economic situation, they didn't want to sell me," Soldado is quoted as saying in Goal.com.
"I signed until 2017 I'm ready to complete my contract; that's my dream and I hope it comes true. I want to play here, in my land's team."
Soldado missed out on a place in the Spain squad for Euro 2012 earlier this summer, but he did score a hat-trick back in February against Venezuela is in considered one of the top strikers in Spain.
Tottenham will now have to turn their attention to another striker as Villas-Boas, however, it seems increasingly likely Defoe will be the only striker at the club for the first Premier League game of the season against Newcastle.