Czech Republic club, Slavia Prague have confirmed they are no longer interested in bringing Peter Olayinka back.
The Nigerian ended his five-year stay at Slavia Prague by joining Serbian club, Red Star Belgrade last summer.
Olayinka was keen to return to his former club with Slavia Prague also desperate to bring him back.
Slavia Prague president, Jaroslav Tvrdrik gave the reason they pulled out of the transfer.
“We are no longer pursuing this transfer,” he told ifootball.
“In my nine years of working in football, I have not experienced a situation where the selling club officially confirmed the acceptance of an offer and later withdrew from it.”
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