Brazilian champions Corinthians have turned down an offer to take out-of-favour Chelsea defender Wallace on a year-long loan, according to reports in the country.

Earlier today, Brazilian news outlet Bandeirantes reported that the Serie A side had rejected the opportunity to take the 23-year-old wing-back on a free loan deal, as the Rio de Janeiro native looks to make his mark on club football after failing to break into the Blues first team.

Wallace Oliveira was originally snapped up as an 18-year-old and touted for greatness, but the former Fluminense defender has had a torrid time at Stamford Bridge after signing in 2012, having been shipped out on loan to the likes of Inter Milan, Vitesse and Carpi in Italy, and most recently, Brazil’s Grêmio. Despite spending a full 18 months in his native country, Wallace managed only nine senior appearances, with no goals in return.

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Despite making a handful of outings for his national side at under-17 and under-20 level, Wallace has not even had a look in even as part of Chelsea’s reserves squad this season, and will be desperate to get some first-class match experience under his belt. That game time won’t come at Corinthians, however, with the reigning champions unwilling to even consider the 23-year-old as adequate cover for Fagner.

Wallace arrived at Chelsea amidst great fanfare, with some press reports building him up as being the next great newly discovered Brazilian player after Oscar, but he has done little to prove his £5 million worth during his now-half-decade at Stamford Bridge.