Everton reject £3m Gravsen bid

It looks like this rejection may bring to a close Hamburg's interest in the player, certainly for the short term.

"The transfer is not financially possible at the moment," said Hamburg sporting director Dietmar Beiersdorfer. "We will not give up but the overall package for Gravesen is big and we have our hands tied to a certain extent."

Other clubs are known to be interested in Gravsen, but with Everton rejecting this bid, it is not clear what their valuation of the player is.