'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 made a decision to put an end to this negotiation tonight at 20:00, ' a statement read.
However, instead of the anticipated arrival of a club statement confirming the latest transfer coup, enough concerns materialised to ensure the signing did not progress as planned.
Highly regarded as one of the best attackers in French top flight, Nabil Fekir has been the rising star of European football this season.
"Olympique Lyonnais are delighted to count on our captain for the 2018/19 season".
Fekir is due to fly to Russian Federation with France's World Cup squad after their game against the US on Saturday.
He came through Lyon's youth system and has made 153 appearances for the club, scoring 57 goals, having made his debut in 2013. Nothing has yet emerged about how Fekir feels about his move to Liverpool being cancelled, but you can imagine he's not happy.
The 24-year-old looked odds-on to join the Reds at some point this weekend after holding talks with the Premier League outfit and undergoing a medical.
The France global was expected to join Jurgen Klopp's side before Les Bleus left for the World Cup, but OL have now ended talks and called off the deal.
Speculation is swirling about why the deal has not been rubber-stamped.
After Lyon's official Twitter account pushed out messages insisting reports of Fekir's imminent move to Liverpool was "false information", those being told the fine details of the deal have been agreed were left a little confused.
Liverpool did not attempt, suggest or offer to renegotiate any terms for Fekir.
He was all set to become the second most expensive player in Liverpool history.