Robinho will not be leaving AC Milan in January after the club made him unavailable for transfer following unsuccessful talks over a possible return to Brazilian club Santos.
Milan vice-president Adriano Galliani spoke with the striker’s boyhood club over a potential €10 million move while in Sao Paulo to finalise the sale of Alexandre Pato to Corinthians on Thursday, however, a financial arrangement could not be agreed upon by the two parties.
"All negotiations to sell Robinho are over, he has been withdrawn from the market,” Galliani told the club’s official website following Sunday’s 2-1 victory over Siena. "He wanted to go back to Santos but neither Robinho nor Milan could reach a financial agreement with the Brazilian club.
"I called president (Silvio) Berlusconi to let him know and we are both happy that the player will stay. Robinho is happy too as he didn't really want to leave Milan, but to return home. He has been withdrawn from the market and we are left with five strikers.''
With the Brazil international set to stay at the club for the rest of the season, Milan are less likely to be able to finance a move for Manchester City striker Mario Balotelli or Didier Drogba of Shanghai Shenhua - both of which they have been linked with.
Robinho, who moved to the San Siro in 2010, has struggled to make an impact in Massimiliano Allegri's first team this season, scoring only two goals in 11 league appearances.
Following Pato's decision to join the Club World Cup champions for €15million, the 28-year-old will now compete with Stephan El Shaarawy, M'Baye Niang, Giampaolo Pazzini and Bojan Krkic for a starting berth.
<i>Information from the Press Association was used in this report</i>