Wycombe Wanderers have rejected a bid of £100,000 from League One side Swansea City for captain Roger Johnson.
The South Wales club confirmed on Friday they had tabled an offer for the 23-year-old, but The Chairboys immediately turned it down - calling the offer derisory.
Johnson's contract at Wycombe runs until the summer of 2007, with managing director Steve Hayes declaring the club's intention to keep the defender.
"Roger is our captain," Hayes told Wycombe's official website.
"He's an extremely committed player and we want to keep him at the club."
It remains to be seen if Swans boss Kenny Jackett makes a second bid for Johnson, who has other issues to address in his squad for next season.
Jackett may be in need of a midfielder following the latest injury news regarding Owain Tudur-Jones and Darren Way.
Tudur-Jones has been told he will be sidelined for up to four months with a knee problem, while former Yeovil Town man Way is facing a three-month spell of rehabilitation with a stress fracture problem in his leg.
It means the pair are set to miss pre-season with The Swans, with Tudur-Jones not expected back until October, while Way is not expected back until September.