Bordeaux have been forced to accept defeat in their efforts to land Lorient striker Kevin Gameiro.
With goals having been in short supply this term, Jean Tigana was hoping to boost his firepower during the January transfer window.
France international Gameiro was identified as a leading contender to take up the challenge, with the 23-year-old having established quite a reputation.
Bordeaux were willing to match Lorient's asking price for the highly-rated frontman and hoped they could fend off interest from numerous other clubs and secure his signature.
Unfortunately, Gameiro favours a switch to Spanish giants Valencia, who have yet to stump up the necessary cash, and Bordeaux accept they must now turn their attention elsewhere if they are to bring in a proven goalscorer.
"The transfer will not be sorted," Nicolas de Tavernost, chairman of Bordeaux's major shareholders M6, told Canal Football Club.
"A financial proposition has been made, but it seems he wants to remain at Lorient for now.
"The option to come to Bordeaux does not appeal to the player, so we will look elsewhere."