Fulham are reportedly yet to respond to an offer from Palmeiras for midfielder Andreas Pereira.
Earlier this month, the Brazilian club have failed with a bid to prise the former Manchester United man away from Craven Cottage.
Despite having had a bid rejected, Palmeiras have continued to be heavily linked with the Brazil international.
However, Palmeiras' are seemingly losing hope that they will be able to reach an agreement with Fulham over a deal for Pereira.
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Fulham yet to respond to Palmeiras offer
According to Valentin Furlan and Rudy Galetti, Fulham are yet to respond to Palmeiras' latest offer for the 29-year-old.
The report claims that Palmeiras are "still awaiting a response" to their €25m (£21m) proposal, with it seeming likely that Pereira will remain at Craven Cottage.
The Brazilian transfer window does close until the end of February, but Fulham would unlikely to sanction his departure within signing replacement before the English transfer deadline.
With Palmeiras losing hope, they are now scouring the market for potential alternative options to the Fulham midfielder.
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Pereira set to stay at Craven Cottage
Marco Silva will also be reluctant to lose Pereira's services in the middle of the season, with the Cottagers still dreaming of achieving European qualification.
Pereira has still been a regular feature this season, having started 16 of his 21 Premier League appearances, contributing two goals and two assists.
However, he appears to have dropped slightly down the pecking order in recent weeks, settling for a bench role in each of Fulham's last three Premier League games.
Nevertheless, a player of Pereira's quality could still have an important role to play if Fulham are to move up the table from ninth position.
Pereira has entered the final 18 months of his Fulham contract, although the club have the option to extend his deal by a further 12 months.