Portsmouth is set to retain right-back Terry Devlin this summer after transfer rival Wrexham redirected its recruitment toward Crystal Palace defender Danny Imray.
Wrexham previously made a £2 million offer for Devlin during the January window, which Portsmouth rejected.
According to The Telegraph, Wrexham is now closing in on a £5 million agreement for the 23-year-old Imray.
Devlin, 22, enjoyed a standout season at Fratton Park, sweeping the club's end-of-season awards and earning a starting spot for Northern Ireland.
He remains under contract with Portsmouth until 2028, strengthening the Championship side's position against outside interest.
Portsmouth manager John Mousinho addressed the transfer speculation in a statement to The News.
"I would be surprised if there's no interest in Terry, but you never know.
Nothing has panned out at the moment, although it is still very, very early," Mousinho said.
Mousinho praised Devlin's rapid rise and contributions from the backline over the past year.
"He had such a good season, turned himself into a starter for Northern Ireland, scored goals from that position, swept up with the end-of-season awards and was fully, fully deserving.
I thought there would be a bit of external interest," he said.
The head coach emphasized that the club is financially stable and under no obligation to sell key talent.
"There's no pressure on us to sell, we don't need to sell.
When those sorts of questions come up there are a lot of factors, but mainly it's about what the player wants to do," Mousinho said.
Mousinho noted transparent communication between the club and the player regarding future possibilities.
"Terry is really happy here, Terry is fully committed, we've said let's just stay open and honest about what happens elsewhere.
We have seen in the past that, if a player really wants to go, it's very difficult to keep him should the offer be there and the offer is right," he said.
He reiterated that board decisions are driven by sporting logic rather than financial hardship.
"At absolutely no point of my time at this football club have we received an offer and the board have said we must sell the player for financial reasons.
That won't happen with Terry," Mousinho said.
The club's management approach mirrors previous high-profile squad decisions handled by the executive team.
"It will be more about what Terry wants to do and then, at that point, we will make that decision based on what we think is financially sensible for the football club.
We won't be strong-armed into anything," he said.
Mousinho compared the situation to prior mid-season transfers managed by Portsmouth.
"It's very, very similar to what happened in January with Callum Lang.
We were satisfied as a football club that we got the right price for the player and the player wanted to go - so we made the decision collectively," he said.
The manager added that the club maintains a firm valuation on the Northern Irish international.
"I think Terry deserves the praise, he deserves the limelight - and it's just about having an honest conversation with him," Mousinho said.
Portsmouth remains unwilling to lower its asking price for prospective buyers.
"Maybe for our valuation of the player there might be a limited number of clubs who want to spend that on a right-back - and we're not going to shift from what we think Terry is worth," Mousinho said.
