Stuart McCall believes there is very little chance that Motherwell will be able to re-sign James Fadden.
McFadden, 29, is available on a free transfer and McCall had hoped he could agree a deal with the striker, who began his career at Fir Park.
However, the former Scotland international, who spent the summer training with the club, appears unlikely to return after failing to agree terms with chief executive Leeann Dempster.
McCall said: "I spoke to James on Friday and we had a good football chat. It was open. Since then James has spoken to people who are a lot higher than I am at Motherwell who deal with the purse strings and I don't think the outcome was favourable. He was back in training today but I don't think the money side of it quite added up.
"In fairness to the board, they were willing to stump up an amount for James but obviously it's not good enough. I'm not painting this any way that James has been asking for great deals of money. I'm not saying that whatsoever.
"I wasn't involved in the talks - I just speak about the football and leave the other side. We have got to remember where James has come from and what offers he has probably got on the table as well."
McFadden left Motherwell in 2003 to join Everton and went on to spend three years with Birmingham before returning to Goodison Park last season. However, he was released at the end of the season as he continues to struggle with the after effects of a knee injury he suffered almost two years ago.
McCall added: "The football chat was fine. We both realised the same thing - he needs to get playing. He knows that himself. The chat was to the next window. It wouldn't have been a case of him signing and coming straight into the side and he was well aware of that.
"He would have had to work hard to get in the side and he was well up for that. He was in again training today. I don't think there will be anything more done. I don't think it's going to happen."