Liverpool's move for a France international has been called off, with the attacker set to remain with his club next season.
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The Reds were believed to be on the brink of signing Nabil Fekir from Olympique Lyon for next season.
The French Football Federation also confirmed that the midfielder underwent a successful medical on Saturday.
However, Lyon have now confirmed that they have called off negotiations with the Premier League outfit.
A statement from Lyon read. "Olympique Lyonnais informs that the negotiations with Liverpool 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 negotiations tonight at 20:00,"
"Although Liverpool had been a priority for Nabil, Olympique Lyonnais are delighted that our captain will remain with the club for the 2018-19 season and lead the team in the next Champions League tournament."