Sir Alex Ferguson has confirmed that Manchester United have turned down a bid from Newcastle for youngster Ravel Morrison.
The 18-year-old was a member of United's FA Youth Cup winning side last term but has failed to make the breakthrough this season that many anticipated, leading to the Magpies making a move.
"We have rejected an offer from Newcastle," said Ferguson.
Morrison has had a chequered history and appeared in court last year and pleaded guilty to two charges of witness intimidation.
However, United have worked tirelessly to keep the Manchester-born youngster on the right tracks, recognising the ability that has led to a widespread claim Morrison is the best young player to emerge from United's youth ranks since Paul Scholes.
Yet Scholes' decision to come out of retirement has led Morrison to question his own future, although Ferguson claims the teenager has already rejected the contract United have offered.
"His agent has been working hard to get him another club," said Ferguson. ""We have offered him terms, which he has refused. His demands are unrealistic as far as we are concerned."