Real Sociedad have announced that Mikel Oyarzabal has signed a new contract with the club, effectively ending speculation over a move to Athletic Bilbao.
A report in Spain on Friday claimed that the 19-year-old was close to accepting a move to Real's Basque rivals after Athletic agreed to match his €40million release clause.
However, Oyarzabal has now committed his future to Anoeta by agreeing to an improved six-year deal.
"Real Sociedad have reached an agreement with the player Mikel Oyarzabal to extend his contract until June 30, 2022," a club statement confirmed.
Oyarzabal enjoyed a breakthrough campaign in San Sebastian last season, scoring six times in 22 LaLiga appearances.
He earned a first senior cap for Spain as a substitute during the 3-1 friendly victory over Bosnia-Herzegovina in May.
COMUNICADO OFICIAL - Acuerdo para la renovación de August 19, 2016
‘I didn’t get the same interview for the England job as the other boys, because my meeting clashed with an FA Cup tie. It wasn’t ideal, but what could I do?’: English manager reveals failed opportunity to manage Three Lions in 2006
‘I definitely questioned my sexuality when David Ginola joined Newcastle. He was gorgeous. He could have worn a black bin liner and looked stunning’: Former Magpies defender recounts first meeting dazzling Frenchman in 1995
