Bologna have failed in an attempt to sign Emanuele Giaccherini from Italian champions Juventus, reports Sky Sport Italia.
The Rossoblu asked the Bianconeri to loan them the midfielder for the rest of the season, but the Turin outfit have decided against releasing the 27-year-old.
Although the former Cesena man has only made seven League appearances this season, boss Antonio Conte is a fan of his versatility.
Giaccherini could be used more frequently at the start of 2013 as Kwadwo Asamoah will be on duty at the African Cup of Nations.
Think you know your Italian football? Share your knowledge, tips and comments to win cash prizes in OLBG's tipster competition  - £11,000 to be won monthly!