Fulham missed out on the signing of Chris David on deadline day after failing to reach an agreement for the FC Twente forward.
The Cottagers were thought to have completed the signing of David on Friday night after identifying him as someone who could strengthen their squad.
He travelled to West London to undergo a medical and reports from Twente indicated that he had joined Fulham.
However, there was no confirmation from the Premier League club and communications director Sarah Brookes has now said an agreement was not reached.
David, 19, is rated as one of the most exciting prospects in Dutch football and has played international football at youth level, while Ajax were also thought to be keen on signing him.
Fulham did manage to bring in Dimitar Berbatov, Kieran Richardson and Ashkan Dejagah on Friday, but saw Clint Dempsey leave for Tottenham.