Chelsea and Arsenal target Ricardo Rodriguez has rejected a January switch to the Premier League, according to reports from Tuttosport.
The Italian publication claims the Wolfsburg left-back has instead told his representatives he would only like a move to Inter, despite a host of top European clubs expressing interest.
Having spent a considerable amount already this season, though, following their takeover by Chinese buyers Suning Holdings Group, the Serie A side may have to sell players before completing a move.
Chelsea and Arsenal had hoped to land the Switzerland international, who has a £19 million release clause written into his contract, though interest from French champions Paris Saint-Germain is said to be high.