Atletico Madrid star Miranda has snubbed a move to Manchester United and Chelsea, opting to stay with the La Liga champions, Marca reports.
The Brazilian defender has been heavily linked with a switch to the Premier League after it was recently reported that Atletico were open to offers for Miranda.
Chelsea, who already signed two Atletico players in Diego Costa and Filipe Luis, joined Man United and Barcelona in the race to sign the 29-year-old.
But according to the Spanish media, Miranda has turned down all offers in order to continue playing at the Vicente Calderon next season, with manager Diego Simeone playing a key role in convincing the centre-back to stay.
Miranda has a buy-out clause set at £24million, which is yet to be matched although Chelsea coach Jose Mourinho did make a bid of £20million, which was seen as insufficient by the Madrid club.
Signed on a free transfer back in 2011 from Sao Paolo, Miranda has become an integral member for Simeone’s Atletico squad, helping the club to the La Liga title as well as reach the Champions League final last season.