Lyon have announced that Nabil Fekir will STAY at the club following unsuccessful negotiation with Liverpool.
Lyon have issued a statement confirming their captain's stay at the club, stating they have decided to put an end to the negotiation following an unsuccessful negotiation regarding the transfer of Nabil Fakir.
This means, Fekir will stay at the French side and compete with them at the Champions League qualification rounds. However, Lyon will reserve the right to listen to offers from other clubs.
Earlier, English media Times reveals that a failed medical has put doubts over the transfer of Fekir.
The two clubs had been discussing a deal for the playmaker worth 60m euros (£52.75m) - 55m (£48.35m) plus a maximum of 5m (£4.4m) add-ons.
However, Lyon said on Saturday that talks about the potential transfer of their captain "had not succeeded".
Fekir, 24, had been one of Reds boss Jurgen Klopp's prime summer targets.
"Although Liverpool has been the priority of a possible transfer of Nabil... Olympique Lyonnais is delighted to be able to count on the presence of their captain in 2018-2019," Lyon said in a statement.
Fekir is due to fly to Russia with France's World Cup squad after their game against the USA on Saturday.
He came through Lyon's youth system and has made 153 appearances for the club, scoring 57 goals, having made his debut in 2013.