Liverpool were said to have considered signing the Blancos' youth academy product, who will be out of contract next year, during the January transfer window
Real Madrid have reportedly rejected an offer from an English side for midfielder Esteban Granero.
According to Marca, a Premier League club submitted a sizeable bid for the 25-year-old Madrid native, who made just 17 appearances in last season's Liga-winning campaign.
However, even though Granero only has a year to run on his current contract with Los Blancos, the offer was rejected because Jose Mourinho views the player as a valuable member of his squad.
The youth academy product was heavily linked with a move to Liverpool during the January transfer window but the Reds' rumoured interest never materialised into a formal approach.
Granero, who was capped by Spain at Under-21 level, spent two seasons on loan at Getafe before returning to the Santiago Bernabeu in 2009.