Swansea City chairman Huw Jenkins admits a deal for Barcelona B striker Jonathan Soriano is now unlikely.
It has been suggested Swansea have not been able to agree terms with Soriano, who finished as top scorer in the Spanish Segunda Division last season, notching 32 times for Barca's B side.
"Nothing has been concluded," Jenkins told the South Wales Evening Post.
"We were prepared to offer the player an opportunity to join our squad in our first season in the Premier League, but we were not happy with the terms of the deal."