Rod Fanni's proposed move to Atletico Madrid has hit a stumbling block, putting a deal in doubt.
The Rennes right-back has been linked with a number of clubs this summer, with interest reported to be emanating from England and Spain.
Primera Liga giants Atletico looked set to win the battle for his signature at one stage, with personal terms agreed with the France international.
However, they have been unable to agree a fee with Rennes and the move has been put on hold indefinitely.
Rennes managing director Pierre Dreossi admits a switch to Spain is now unlikely, with Fanni set to remain in France for the foreseeable future.
"We still don't know what's happening with Atletico," he said.
"At the moment I don't think he will be joining them."
Fanni has remained relaxed throughout the summer, preferring to let others worry about his future, and insists he has no problem with remaining a Rennes player.
He told skysports.com: "I have not been made redundant by Rennes, I still have a contract.
"Any team that is interested in me must agree with Rennes before I can sign.
"I have nothing to say about a transfer right now. I am looking to get fit for the start of the season and I am happy."