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Members of the nearby clubs value their unchanging atmosphere.
Neither bid was ever going to be accepted and, though it isn't always easy working out how clubs value players these days, let's think back to the conversation Moyes had with Wayne Rooney when he started as manager at Manchester United a couple of years ago and Chelsea were trying to sign the striker.
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Many ascended into the ranks of the world's billionaires on the strength of a rise in their clubs' values.
Spearheaded by the Washington Redskins, which became the first NFL team to break the billion dollar barrier in 2004, the league now boasts 19 of 30 clubs valued above the magic number.
The Championship club value the player at around £4m even though he is yet to make his first-team debut.
There's a job of work to do about supporters perceptions based on a club value system, creating all round positive relationships and dialogue".
The Spanish club value Squillaci at £6.5m and, although they have not accepted the offer from Arsenal, they confirmed that they were in talks.
"The coach is an intelligent person and the club value other things - that the team is always in the Champions League, that they fight until the end, bring through young players, economic stability.
The San Siro club value him at £35m but Chelsea would appear to be content - and wealthy enough - to afford such a fee, even on top of nearly £23m in wages which they would have to pay the player for his services over those four years.
He said: "I will not change the philosophy because it is a personal value and a club value and you should never sell this cheaply.
I saw things at that football club, values that I just didn't believe in.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com