Fulham have decided to retract their complaint to the Premier League over Liverpool's summer pursuit of Clint Dempsey.
The Reds were said to be keen to sign the American international and the club's owners, the Fenway Sports Group, even went as far as releasing a statement on their website that stated that they had signed the 29-year-old.
However, no official agreement was reached and Dempsey eventually completed a switch to Tottenham Hotspur in August.
Fulham chairman Mohamed Al Fayed was understood to have been disappointed with Liverpool's conduct and despite losing Dempsey to Spurs, he still pressed ahead with a complaint.
Today, following a meeting with Liverpool chief Tom Werner, Fulham have confirmed that they are willing to let the matter go.
"Fulham can confirm that it has today withdrawn the complaint made against Liverpool FC in regard to the Merseyside club's inappropriate actions surrounding interest in Clint Dempsey over the summer," read a statement on the club's official website.
"Liverpool's chairman Tom Werner apologised personally to Mohamed Al Fayed, stating that his club were wholly responsible for unprofessional behaviour toward Fulham and emphasised his regret for the entire episode.
"In a letter from Liverpool to Fulham's CEO Alistair Mackintosh, Tom Werner's praise of the magnanimous gesture from the chairman was reiterated, as was the club's assurance that the conduct of Liverpool was simply not acceptable.
"The chairman decided that this sincere action was enough, and as a gesture of goodwill, instructed that all complaints against them be dropped."
The Premier League are not expected to take the matter any further.