Stage: the bid was rejected. It became public after the bid was rejected. Smaller club, but more minutes on offer. A bid has already been rejected. He is cautious until something concrete arrives. The role on offer is not a clean fit.
Stage: concrete interest. The interested club has formally approached. Smaller club, but more minutes on offer. He is a loyal type and unlikely to push for a move. He is cautious until something concrete arrives. The role on offer is not a clean fit.