Tottenham Hotspur's bid to sign Fred appears to have hit the skids after the Lyon striker failed to turn up for a meeting at White Hart Lane and the French club's president Jean-Michel Aulas revealed he had yet to receive a bid from Spurs.
Aulas claims that Palmeiras are the only team to have made an offer for his wantaway striker and that is why the Brazilian was a no show for a scheduled meeting with Tottenham, prior to the London club's 3-1 win over Stoke City on Tuesday night.
It leaves Brazilian club Palmeiras as the only party to have made a concrete bid for Fred and Aulas believes there is now only a one-in-two chance the striker will move on before the winter transfer window shuts.
"All I know is I haven't received a single offer concerning him, in any case from a European club," said Aulas. "The only one has come from Palmeiras of Brazil, but Fred doesn't want to go there.
"Regarding Tottenham, we haven't talked. The last news is that there is a disagreement between Fred and the English club."
Tottenham manager Harry Redknapp said: "I don't know what happened, the plan was for me to meet him and have a chat with him. He's out of contract in the summer so I think they are asking for a small fee."
Lyon are believed to be holding out for up to €5million for Fred, who is in his fourth season with Les Gones. Aulas has given Fred a deadline of Saturday to find a club.
"Fred is in the process of tarnishing his image, notably with the big clubs," he added.
"He must go to a European club by Saturday evening and there will be a transfer fee. It will not be too high, but there will be one. And he knows what is expected of him if he has to stay."