Real Madrid have had a bid to buy David Beckham out of his LA Galaxy contract rejected by the MLS club.
Real have tried to persuade Beckham to change his mind
Real approached the 32-year-old's advisors and LA Galaxy with their offer but were told "politely but firmly" that Beckham would not change his mind.
The Spanish giants were told Beckham's contract did not have a get-out clause, which they believe existed.
"Nothing has changed. We can't wait for Beckham to get here," LA Galaxy general manager Alexi Lalas told BBC Five Live.
He added: "Real's hopes about keeping Beckham are benign. As far as that is concerned, that ship has sailed."
Earlier, the Real's president Ramon Calderon was reported by Marca newspaper as saying: "We need to sit down with Beckham, his representatives and with (Real sporting director Predrag) Mijatovic, look at this clause, and decide between us.
"But for me I would be delighted if he remained at the club."
The Madrid side reacted sharply to Beckham's rejection of their contract offer in January.
Coach Fabio Capello said Beckham would never play for the first-team again.
Calderon was even more scathing, branding Beckham: "an average cinema actor living in Hollywood," comments which prompted Real's players to throw their backing behind the England midfielder.
There was a bit of anger by the premature announcement of his exit
Real Madrid president Ramon Calderon
But Beckham's attitude impressed Capello enough to win back his first-team place.
The England midfielder has been inspirational as Real have put themselves in pole position to win the Spanish title.
The Real boss admitted that he and others at the club made errors in judgement regarding Beckham and that he would like the player to stay on at the Bernabeu.
"Beckham would be a very important player for Madrid, there's no doubt about that. If the club tells me that Beckham is staying, I would be very happy," Capello said in an interview with Spanish newspaper AS.
He added: "We have all made mistakes regarding Beckham's issue.
"On the sporting side we have made a decision and I am the one that has the maximum responsibility.
"The truth is that with Beckham we made a mistake.
The truth is that with Beckham is that we made a mistake.
"Beckham is a great player. Now he is playing at the same level as he did at Manchester United.
"He is a player that has recovered his physical and psychological condition because he was upset not to be playing with his national team.
"For every player, the national team is important and for English players, more so."
Beckham won back his place in the England team, for the games against Brazil and Estonia, after his international career appeared to have ended following England's exit from last year's World Cup.