Striker Didier Drogba will remain a free agent after rejecting a move to Corinthians in Brazil's Serie A.
The 38 year-old has been without a club since the expiry of his contract with Monteal Impact and had been expected to join the Brazilian side on a one-year deal.
Corinthians Director of Football Flavio Adauto stated that he had been unable to secure Drogba's signature while Drogba made the announcement official in a Twitter post on Wednesday (AEST).
"There have been a lot of rumours linking me to a move to Corinthians but it was important for me to speak with Mr Roberto de Andrade the president of the team which I did," Drogba wrote via Twitter.
"I explained to him that whilst I am very honoured at their interest in me joining the club, it does not feel like the right move for me at this time.
"I would like to thank the club and all the Corinthians fans for the messages and wish you all every success for the new season."
Drogba played well with Montreal, scoring 23 goals in 41 competitive appearances after winning four Premier League titles and the Champions League among other trophies during two successful stints with Chelsea.