(CNN) -- Luis Fabiano has penned a new two-year deal with Sevilla to end speculation he was set to leave the La Liga club.
The Brazil international striker has been a target for a number of Europe's leading clubs, with Premier League Tottenham Hotspur the front runners.
But the 29-year-old has pledged his future to Sevilla, despite their shock exit to Portugal's Braga in Champions League qualifying earlier this month.
"My first objective is to continue scoring goals and after that be in the Champions League next season and win a title, which is very nice," he told the official club website.
Fabiano's previous contract was due to run out at the end of the season and had a price tag of $30 million after his prolific scoring for club and country in recent seasons.
Since joining from Sevilla in 2005 he has helped them to win two UEFA Cups, two Copa Del Reys and the European and Spanish Super Cups, scoring 95 goals.
"It's a very special day for me.
"My first option was to renew with Sevilla. I rejected many offers and there were many interested teams. My desire was always to be here and what's true is that we have made a great effort to renew the contract," he added.
As the transfer window in Europe draws to a close on Tuesday, AC Milan owner Silvio Berlusconi has not ruled out further signings after securing striker Zlatan Ibrahimovic from Barcelona on a loan deal.
Milan have been linked to Manchester City's Brazilian striker Robinho but Italy international Marco Borriello hinted he might move away from the San Siro.
"Zlatan's arrival? He is a great champion but with his arrival there will be limited playing time," said Borriello told the official Milan TV channel.
"I have to evaluate my future well and speak to the club and my agent because right now I'm at the high point of my career," added Borriello, who scored 14 goals in 29 Serie A games for Milan last season.
Meanwhile, former Manchester United and Arsenal defender Mickael Silvestre has joined Werder Bremen on a two-year contract, the German club announced Monday.
"For me, Werder Bremen is a new adventure," said the 33-year-old France international who has been looking for a new club since his contract with Arsenal at the end of last season.