Luis Filipe rejected an offer from Barcelona to sign with Atletico Madrid.
The Deportivo La Coruna left-back, a former Real Madrid Castilla player, has joined Atletico for €10 million plus €2 million based on appearances and success.
Barca had matched the offer, says AS, but the Brazilian was committed to signing with Atletico.
Depor president Augusto Cesar Lendoiro is hoping to take Atletico striker Diego Costa on-loan as part of negotiations.
Need your Barcelona news fix? Click here for all Barca news, transfer rumours and gossip.