Barcelona forward, Ousmane Dembele has told the club's boss, Xavi of his decision to remain at the club.
But the Spanish giants will not be increasing their contract offer, as the Frenchman's current deal runs out at the end of the month.
This means that he will become a free agent and his representatives have been holding talks with clubs across Europe such as Chelsea and Paris Saint-Germain.
Chelsea boss, Thomas Tuchel is said to be very keen on having the player with him again after their time together at Borussia Dortmund.
But, according to Spanish radio station, Cadena SER, Dembele prefers to remain at Barcelona and has let his coach know his decision.
The 25-year-old is happy and settled at Camp Nou, having been a key player in the second half of last season following Xavi's appointment, and ideally wants to continue in Catalunya.
This is despite Xavi and Barcelona hierarchy telling the player to leave the Nou Camp if he is not comfortable with his current offer.
The offer by Barcelona is considerably less than the offers put forward by Chelsea and PSG.