Arsenal and Manchester United target Karim Benzema will not leave the Spanish giants this summer, his agent said.
The Red Devils were rumoured to have offered goalkeeper David De Gea as part of the deal that would have seen the Frenchman join Louis van Gaal's squad.
And Arsenal boss Arsene Wenger was set to make a move for the 27-year-old in his attempt to build a team strong enough to challenge for next season's Premier League and Champions League.
But according to his agent, Benzema wants to retire at Real Madrid.
"I haven't met with any club in London," agent Karim Djaziri told Marca.
"Not with United and not with anyone else. We haven't held talks with anyone other than Real Madrid.
"What is Karim going to do in Manchester? He's happy in Madrid. He doesn't want to leave.
"Benzema would only leave if Real Madrid told him he was surplus to requirements, because he isn't going to leave of his own accord".