Tottenham Hotspur has refused to budge in their stance as they rejected Bayern Munich's latest bid for star striker Harry Kane.
The Bundesliga champions had been keen on securing the services of the England captain, but the negotiations have hit an impasse due to the clubs' differing valuations of the 30-year-old footballing sensation.
With the transfer window still open for over three weeks, it remains to be seen whether Bayern Munich will persist in their pursuit of Kane or move on to other transfer targets.
The Bavarian club had previously hinted at exploring alternative options if their bid for Kane were to falter.
Kane, who showcased his goal-scoring prowess with 30 Premier League goals in 38 appearances for Spurs last season, captained the team during a pre-season match against Shakhtar Donetsk.
However, with just one year left on his contract and no indications of an extension, speculations about his future have been rampant.
Should Tottenham chairman Daniel Levy decide to hold onto their talismanic striker, it could signify the club's acceptance of missing out on a potential windfall from his transfer.
Bayern Munich officials had engaged in talks with Levy earlier, but no agreement was reached at the time.
According to Bild, personal terms with Kane have already been agreed, adding an intriguing twist to the ongoing saga.
Tottenham is scheduled to kick off their Premier League campaign against Brentford on August 13th, while Bayern Munich will face RB Leipzig in the German Super Cup a day earlier.
Both clubs are keen to find a resolution before the new season commences, with the transfer window set to close on September 1st.
The coming weeks promise to be crucial in determining the fate of Harry Kane and his future destination in the footballing world.