Manchester United have been dealt a blow in their bid to sign Sao Paulo's Lucas Moura following reports that the club has refused to sell the player.
The Premier League outfit recently sent chief scout Jim Lawlor over to Brazil to table a £25m offer for the 19-year-old, but the bid will be rejected, according to the Daily Mail.
"It is a risk not selling Lucas, but we are going to take it," Sao Paulo president Juvenal Juvencio allegedly said.
United boss Sir Alex Ferguson, who has already secured the services of Shinji Kagawa and Nick Powell this summer, admitted that he is keen to make at least one more signing before the start of the new campaign.
"It's possible we could bring in one or maybe two more. When there's a European Championship or World Cup on there is a delay in the transfer industry," he said.
"Now that's over we're still trying to get maybe one player in."
Sao Paulo are believed to have turned down an offer of £32.4m from Chelsea for Moura.