Tony Pulis has conceded defeat in his pursuit of Jeffrey Schlupp after Leicester made it clear they are not prepared to sell the winger.
West Bromwich Albion were considering a third bid having seen a second offer worth up to £12m turned down with Schlupp potentially needing to hand in a transfer request.
But Pulis has now admitted: 'It's pretty clear now they don't want to do any business.'
Pulis believed Schlupp might be open to a move away from the King Power Stadium in order to gain game-time but talks at Leicester this week have underlined Ranieri's desire to keep the 23-year-old.