Rovers boss Steve Kean declared yesterday he hadn't given up on signing Raul.
Raul now looks set to stay in Germany, with his agent Gines Carvajal telling AS: "Raul will play for Schalke this season, I'm sure. There isn't any other alternative for him and neither does he want to leave, so it's best for everyone is to stop talking about this."
He added: "There is no offer from Besiktas, nor from Paris St Germain. Last season we had many...from Besiktas and teams in America, Asia and Europe. But Raul chose the Bundesliga because he saw it as the best possible step in his career.
"Teams like Besiktas and Galatasaray are very big. Raul has played many Champions League games in Turkey and he knows how passionate the fans are there, but right now he doesn't see it as a viable option."