Liverpool and Spurs have been dealt a blow in their battle for Lazio star Antonio Candreva, after the wing wizard revealed that he had signed a new five year deal with the Italian side, as reported by the Daily Star.

The Italy international had been thought to be looking for a move to the Premier League in the near future, with the Arsenal also linked with a move for the player.

Candreva is regarded as a speed merchant, and would have suited the Premier League to a tee.

The Reds were thought to be prepping a £24 million bid for the player in the January window, and were hoping to capture him as a result of a release clause.

That will not be possible anymore, however, as the Lazio player has agreed a new five year deal with the club.

In an interview with the club’s official radio station, the player expressed his delight at extending his time at the club.

He said: “I have renewed my contract with Lazio, I am really happy.

“There is a lot of satisfaction. When I think back to two-and-a-half years ago, I never thought I would get to this point.

“I thank the president for keeping his word, despite the many rumours that there around. I read that I had bought houses in every city.”

Arsenal, Liverpool and fellow Premier League side Tottenham Hotspur could face disappointment in their chase for Lazio star Antonio Candreva after the Italian club looked to improve their chances of keeping the Italy international in Serie A, as reported by the Daily Star.

All three sides were suggested to be interested in signing him during the summer, but a move to bring him to England failed to be pushed through.

The 27-year-old, who is regarded as a winger possessing considerable pace, could see further interest in him in January. Should the three English sides progress in European competition, they would be able to offer him football at the highest level, especially Liverpool and Arsenal who are set to feature in the Champions League.

As a result, Lazio are hoping to stop the interest before it can truly begin by nearly doubling Candreva’s wages to £1.6 million per year, and securing the player to a new five year deal.

Candreva has spent time on loan with the likes of Livorno, Juventus, Parma and Cesena prior to moving to Lazio in 2012, where he has established himself as one of the top wingers in Serie A.