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Dynamo Moscow's Arsen Zakharyan will remain at the Russian club, despite Chelsea making an offer for the central midfielder, BBC Sport reports.
The 19-year-old was expected to boost Thomas Tuchel's midfield options but the Dynamo have said a deal hasn't been agreed due to "technical reasons beyond our control."
In a statement on their club website, they said: "For several days, there have been intense negotiations between Dynamo and Chelsea, in which our club took a constructive position.
"However, it is not possible to transfer a player in this summer transfer window for a number of technical reasons beyond our control.
"Nevertheless, Dynamo remain open to offers that will suit the club and the football player."