Last Updated: Tue, 29 Jan 2013 14:06
Chelsea will have to pay close on £30million if they wish to sign Isco after the player penned a new deal with Malaga.
The Blues have been heavily linked with a move for the 20-year-old playmaker, who is one of the hottest properties in La Liga, but he is going nowhere before Thursday's deadline after he committed his immediate future.
All moves to sign the player are now on hold at least until the summer, but if a deal is to happen Chelsea will have to match the 35million euros get-out clause.
Malaga sporting director Mario Husillos said: "He's a world-class player and flies the flag for Malaga.
"If I had to sum up Isco's contract renewal in one word, it would be 'trust', both in terms of the faith we have in him as a player, and the trust he has in Malaga as a club, disregarding his other options and putting us first.
"There have been some informal conversations, as well as more serious talks, with some of the biggest clubs in the world getting in contact every few weeks.
"However, Isco has been wise, and has never contemplated a renewal with a future sale in mind; a clause in the contract protects us from this situation."
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