Barcelona and Chelsea have seemingly missed out on the chance to sign Yannick Carrasco, with the Belgium international committing his future to Atletico Madrid with a new long-term deal. Carrasco had turned the heads of many of Europe's top teams following his impressive start to the season, but has now tied himself down to the Vicente Calderon until 2022.

Cadena Ser reported during the summer transfer window that Barcelona were considering his signing to serve as a back-up for the MSN trio formed by Lionel Messi, Luis Suarez and Neymar.

The Catalans turned their attention to Paco Alcacer instead but speculations about a potential move to the Nou Camp had re-emerged in recent times following Carrasco's flying start to the campaign. He has scored five goals in his last four games, including a hat-trick in last weekend's victory over Granada and Champions League winners over Bayern Munich and Rostov.

Sport spotted Barcelona technical secretary Robert Fernandez at the Vicente Calderon during the victory over the German side, adding that the reason behind his trip to the Spanish capital was to spy on the pacy winger.

The Mirror also reported last week that Chelsea were also ready to battle for his services.

Both publications pointed out that his €40m (£35.6m, $43.6m) release clause looked a reasonable fee for a player with such potential.

But only days later Carrasco told those suitors to forget about his signing as he was in negotiations to sign a new deal at Atletico Madrid instead,

"We are [in talks to sign a new deal at Atletico Madrid]. I have a contract until 2020 but I wish to extend it to stay here longer," Carrasco said last week while playing down reports linking him with a move to Chelsea. "It's a lie [that I want to leave]. I have not spoken to anyone. I'm fine here at Atletico and I want to stay here."

Atletico have not lost any time fulfilling the player's wishes and have now announced an agreement for him to stay at Diego Simenoe's side until 2022.

"Yannick Carrasco has extended his contract with our club until 30 June 2022. The Belgium international signed his new contract, which increases his stay for two seasons more than the previous one, which finished in 2020," the club confirmed in an official statement. "Carrasco came to our club last season from Monaco. The Belgian left midfielder played in a total of 43 official games in the 2015-16 campaign, playing 2,402 minutes and scoring five goals, one of them in the Champions League final. He also assisted his teammates for five goals."

The Champions League runners-up have failed to disclose details of the deal but it is understood that they have considerably increased the €40m release clause to ward off the suitors. In exchange, Carrasco also got a deserved pay rise as a reward for his recent form.