Charlton striker Darren Bent has snubbed a move to West Ham after the two clubs agreed a fee of £17m.
“We set a valuation for Darren and West Ham were the only club prepared to meet that valuation,” said Charlton chief executive Peter Varney.
“This morning we gave them permission to speak to Darren, which he did, and he has decided not to join West Ham.”
News of Bent’s decision to turn down Bent, will alert Spurs who were also reported to be interested in the England striker.
However, Cahrlton , who were relegated from the Premier League last season, now expect Bent to stay with them.
“We look forward to Darren starting with us in the Championship next season, which is a massive boost to our chance of returning to the Premier League.”
West Ham boss Alan Curbishley had reportedly offered midfield man Hayden Mullins to Charlton along with a cash payment of £16m.
A West Ham spokesman confirmed the deal was not moving forward, adding: “A fee had been agreed between West Ham and Charlton but it was not possible to reach an agreement with the player.
“West Ham have been considering a number of options in terms of a new striker for the club and will now be pursuing alternatives.”