The agent of Nikola Zigic has insisted that the Birmingham City striker will not be joining Villarreal during the January transfer window.
The Spanish second division side have recently been linked with a move for the 32-year-old Serbian.
"Nikola is staying, he is not moving to Villarreal," Milan Calasan told Sport. "He is not interested in moving to the Segunda Division, he is now waiting for a better opportunity.
"Birmingham City could buy five new players if he were to move but, as I said, he is not really keen on moving right now."
Zigic has scored five goals in 16 appearances for Birmingham this season.