Bournemouth have been told to go higher if they want Levante midfielder Jefferson Lerma.
The Sun says the Cherries' £18m bid for Colombia midfielder Jefferson Lerma has been rejected by Spanish side Levante.
Howe is weighing up another move for the player who is at the World Cup with his country.
But hopes of landing Kieran Tierney from Celtic are fading after the Scotland full-back was targeted earlier in the window.
Bournemouth's new Premier League season will begin at home against newly-promoted Cardiff City on August 11.