Sevilla striker Alvaro Negredo will not be joining Everton on deadline day of the January transfer window after his agent said a move to Goodison Park would be 'impossible'.
Negredo has scored nine goals in 18 league starts this season, but was heavily linked with a move to the Premier League, with reports suggesting club president Jose Maria del Nido was in negotiations with a unnamed English club.
Everton were understood to be plotting a move for the Spanish international on deadline day, after having turned down the chance to sign midfielder Leroy Fer.
But agent Juanma Lopez said: "It's impossible. Negredo is an important player for Sevilla and I am absolutely sure nothing will be done in this window.
"I know they have spoken to Everton but there is no way it will happen. Unfortunately there is no chance because Sevilla simply don't want to lose him, and if they do they will ask for crazy money."
The Toffees have made just one addition to their squad in the current window, signing Thomas Hitzlsperger on a free transfer, with the club's finances often limiting their transfer activity.
Despite agreeing a deal in principal with FC Twente for the signing of Fer, the Netherland international's knee problems which were exposed during his medical led to an attempted renegotiation of the deal.
The two parties were unable to come to an agreement, leaving Moyes with just one new addition in January going into the final hours of the window.
"He's a really good player, but it was a situation out of our control," Moyes said.
"We couldn't make it work. It was frustrating because we are trying to add, we are trying to progress.
"Unfortunately this one doesn't look like it's going to move on - we'll look to see if there's anything else we can do."
Having previously signed Nikica Jelavic on transfer window deadline day last January, Everton have shown an impressive record in the market, but appear set to be disappointed; failing to add to a squad which is hunting down qualification for the Champions League alongside Arsenal and Tottenham Hotspur.