Rangers boss Walter Smith has abandoned plans to sign Danny Shittu from Watford.
The Ibrox side received permission to talk to the Nigeria defender after having a bid, thought to be £1.5million, accepted by the Championship side.
The deal has now been called off due to the player's reported wage demands.
Smith told Rangers World: "There have been negotiations going on between the club and the player for quite a period of time and we have not managed to reach an agreement, so it looks as if that one is finished."