Brazilian could now remain at the San Siro.
Santos have abandoned their attempt to sign AC Milan forward Robinho after failing to agree on a transfer fee and personal terms.
The 29-year-old had been expected to seal a return home this summer after on-going negotiations suggested that the three parties could come to an agreement.
However, it would appear that the demands of both the Rossoneri and the player himself have proven too much for the Brazilian outfit, and they must now switch their attention elsewhere.
“Santos FC, the player and Milan tried to get the values and conditions that would allow the transfer, but even with the effort from all sides, it was not possible to achieve the right numbers,” read an official statement on their website as reported by football-italia.net.
“The cost of the transfer, including payment to the Italian side and the player’s wages, is still far from the reality of Brazilian football.”
It is understood that Milan lowered their price-tag in order to help push through a move, but it was an unsuccessful task as Robinho’s demands also proved a stumbling block with reports suggesting he wanted to include commissions for his father and lawyer.
The knock-on effect of the decision could prove vital to Milan, who are unlikely to now move for either Keisuke Honda or Adem Ljajic this summer.
With Robinho’s contribution dwindling over the past two seasons, it will come as a huge blow to the Milan hierarchy as they had hoped to continue their improvements to the squad this summer.
Nevertheless, the former Manchester City star will now hope to return to his best form ahead of the World Cup in his homeland next year. Although there are suggestions that this could merely be a tactic from Santos to drive down his valuation even further.