Lyon have released a statement on the club website claiming Nabil Fekir will stay put as a result of negotiations over a move to Liverpool ending.
This follows reports on Friday revealing that a £53million fee and personal terms had been agreed ahead of an expected unveiling.
By that evening, the completion of the deal had been put on hold after concerns were raised in Fekir’s medical over the knee injury that kept him sidelined for the majority of the 2015/2016 season.
Whilst this was expected to simply delay the announcement, Lyon have since suggested that talks over the transfer have now broken down.
The club stated: “Olympique Lyonnais informs that the tripartite negotiations with the Liverpool club and Nabil Fekir for the transfer of the captain of OL have not succeeded and that Olympique Lyonnais has decided to put an end to this negotiation tonight at 8pm.”
“Although the club Liverpool has been the priority of a possible transfer of Nabil, and subject to other proposals consistent with the interest of Nabil and OL and from ambitious clubs, Olympique Lyonnais is delighted soon to be able to count on the presence of their captain who is a leading rookie for this season 2018/2019 during which the club will play the Champions League being in the 3rd hat of the draw.”
An image was dispersed across social media on Friday of Fekir taking part in an interview with LFCTV ahead of his proposed Anfield switch.
Worries over the playmaker’s fitness may have resulted in Liverpool attempting to re-adjust financial aspects of the deal, although the club are yet to comment on the matter.
Lyon’s preference had always been to complete the deal after the World Cup, leaving a minor glimmer of hope that the transfer could be revived over the coming weeks.