Jan Oblak rejected the chance to join Chelsea after the club triggered the £90m release clause in his Atletico Madrid contract, according to a report.
The Blues were forced to move for a replacement keeper late in the transfer window as Thibaut Courtois pushed for a move to Real Madrid.
Chelsea brought in Athletic Bilbao's Kepa Arrizabalaga, making him the world's most expensive player in his position in the process, but The Times suggests that the Spaniard was not the West London outfit's first choice.
Oblak was the preferred candidate, it is claimed, but the Slovenian was not interested in joining Chelsea due to the lack of Champions League football on offer.
Atletico will now reportedly award Oblak a new contract, which will see both his release clause and weekly salary increase.