French midfielder Yoan Gouffran is to stay with Caen at least until the beginning of next season.
The club's chairman turned down an offer from Paris St Germain for the player despite previous promises.
The 21-year-old, who is currently away on duty with the France U21 side, has confirmed that he will remain with Caen saying: "I'm trying to get my hopes up but something is definitely broken with Caen now.
"Paris is a top club to me, I'm from that region and they really wanted me.
"Everything was put together for me to succeed in Paris. I won't hide my feelings, I've been really disappointed by the behaviour of Franck Dumas and my chairman."
Gouffran's sense of betrayal is not without reason.
Caen's officials asked him to stay with the club for one more year last season after receiving offers for the player from big clubs including Lyon, Chelsea and Arsenal.
Gunners boss Arsene Wenger tried in vain to get the young player but lost patience after Caen refused negotiations.
Gouffran played a major part in the club's promotion to Ligue 1 last year and was expecting to reap the benefits, but he will now have to wait for his chance to move on.