Hamburg chairman Bernd Hoffman is adamant Ruud van Nistelrooy will not get his move to Real Madrid.
Van Nistelrooy wants to rejoin the Spanish side but Hoffman insists the deal will not happen.
"Real Madrid have, in recent days, still been trying to make the transfer happen and made us an offer of more than 2million euros plus a friendly on our 125th anniversary," he revealed.
"This offer has been rejected again, and for the last time. We have communicated this decision to the player and his advisor.
"We will do everything possible to reach Europe and therefore it is impossible for us to let him go."