Celtic's hopes of making Landry Nguemo's loan move permanent appear to be over after they failed to meet Nancy's valuation of the player. Celtic reportedly bid £1.2million for Nguemo, with Nancy holding out for £2million-plus.
The likes of Wigan, Stoke and Birmingham have all been linked with the 24-year-old, who is currently at the World Cup with Cameroon.
Nancy sporting director Nicolas Holveck said in The Herald: "We spoke to Celtic at the start of the week regarding Nguemo and, following that discussion, I now believe he won't be joining them next season.
"There is quite a difference in opinion over our valuation of the player and theirs and because there is other interest from England I would expect him to move elsewhere.
"We have been having discussions with English sides regarding Landry for more than a week now, but there is no panic over his sale."