David Beckham's hopes of a dream return to Manchester United have been crushed by Sir Alex Ferguson, while Arsenal boss Arsene Wenger does not have room in his squad.
The former England captain is determined to see out the remainder of his contract with LA Galaxy, but he is also keen on a loan move to Europe in the close-season to ensure he remains in the thoughts of international manager Fabio Capello.
Beckham has said that he would only return to the Premier League with United, where he won six titles before moving to Real Madrid in 2003, and he has snubbed interest from Everton.
But United boss Ferguson has no interest in signing his former player because he thinks that at 35 years of age the midfielder is too old.
"I don't think so with David at his age," said Ferguson. "I have never signed a player at that age have I?"
Arsenal have also been linked with Beckham after he trained with the North London club in 2008 and Wenger has admitted that he would complete the signing, but there is not room in the Emirates Stadium squad.
The Gunners boss said in The Sun: "I would consider signing David Beckham, but we have (Theo) Walcott, (Samir) Nasri, (Tomas) Rosicky, (Andrey) Arshavin and (Emmanuel) Eboue who can play on the flanks."
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