Tottenham have rejected Bayern Munich's latest offer for striker Harry Kane.
Bayern had hoped to agree a deal for the England skipper but it is understood the two sides remain apart in their valuation of the 30-year-old.
The Bundesliga champions had suggested if their bid for Kane was unsuccessful on this occasion they would move on to other transfer targets.
However, with over three weeks of the transfer window left, it remains to be seen whether that is the case.
Kane, who has scored 280 goals in 435 appearances for Tottenham in all competitions, skippered Spurs in Sunday's pre-season match against Shakhtar Donetsk.