The 25-year-old had previously admitted that he was unhappy with his playing time at the Potters, but according to the Daily Mail, he has rejected a move away.
It is understood that Wolves were keen to secure the Englishman to aid their Championship push next season, but they will now pursue other targets.
Jerome has scored eight goals in 36 games for Stoke.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Sheffield UnitedSheff Utd | 21 | 14 | 5 | 2 | 30 | 11 | 19 | 45 |
| 2 | Leeds UnitedLeeds | 21 | 12 | 6 | 3 | 37 | 15 | 22 | 42 |
| 3 | Burnley | 21 | 11 | 8 | 2 | 26 | 8 | 18 | 41 |
| 4 | Sunderland | 21 | 11 | 7 | 3 | 32 | 17 | 15 | 40 |
| 5 | Blackburn RoversBlackburn | 20 | 11 | 4 | 5 | 25 | 17 | 8 | 37 |
| 6 | Middlesbrough | 21 | 10 | 4 | 7 | 35 | 25 | 10 | 34 |
| 7 | Watford | 20 | 10 | 4 | 6 | 29 | 26 | 3 | 34 |
| 8 | West Bromwich AlbionWest Brom | 21 | 7 | 11 | 3 | 24 | 16 | 8 | 32 |
| 9 | Sheffield WednesdaySheff Weds | 21 | 8 | 5 | 8 | 26 | 30 | -4 | 29 |
| 10 | Swansea CitySwansea | 21 | 7 | 6 | 8 | 23 | 22 | 1 | 27 |
| 11 | Bristol City | 21 | 6 | 9 | 6 | 26 | 26 | 0 | 27 |
| 12 | Norwich CityNorwich | 21 | 6 | 8 | 7 | 36 | 32 | 4 | 26 |
| 13 | Millwall | 20 | 6 | 7 | 7 | 20 | 18 | 2 | 25 |
| 14 | Derby CountyDerby | 21 | 6 | 6 | 9 | 26 | 26 | 0 | 24 |
| 15 | Coventry CityCoventry | 21 | 6 | 6 | 9 | 27 | 30 | -3 | 24 |
| 16 | Preston North EndPreston | 21 | 4 | 11 | 6 | 21 | 27 | -6 | 23 |
| 17 | Stoke CityStoke | 21 | 5 | 7 | 9 | 23 | 28 | -5 | 22 |
| 18 | Queens Park RangersQPR | 21 | 4 | 10 | 7 | 21 | 27 | -6 | 22 |
| 19 | Luton TownLuton | 21 | 6 | 4 | 11 | 23 | 37 | -14 | 22 |
| 20 | Oxford UnitedOxford Utd | 20 | 4 | 6 | 10 | 21 | 33 | -12 | 18 |
| 21 | Cardiff CityCardiff | 20 | 4 | 6 | 10 | 19 | 32 | -13 | 18 |
| 22 | Portsmouth | 19 | 3 | 8 | 8 | 21 | 34 | -13 | 17 |
| 23 | Plymouth ArgylePlymouth | 20 | 4 | 5 | 11 | 19 | 42 | -23 | 17 |
| 24 | Hull City | 21 | 3 | 7 | 11 | 19 | 30 | -11 | 16 |
| > Championship Full Table | |||||||||
