Basel have rejected a bid from Wolfsburg for rising forward star Breel Embolo, the club's president has confirmed.
The 18-year-old has reportedly attracted the interest of a host of European giants following his performances for the Swiss champions over the past 18 months.
"After considering all the arguments, we decided to grant VFL a rejection without negotiating the economic conditions of the offer," he told Sport Bild of a transfer bid reported in Germany to be worth close to €27million.
"Of course, the deemed VFL's offer very interesting for him, but has accepted the decision of the clubs in a professional and fair manner."
Embolo, who is battling for a spot in Vladimir Petkovic's plans for Euro 2016, has scored eight goals in all competitions this season.
