It appeared that Argentine defender Gabriel Paletta would join the ranks of South Americans at Renzo Barbera, but Palermo have now announced on their official website, ilpalermocalcio.it, that "misunderstandings came up ... between the two clubs".
The move from Buenos Aires giants Boca Juniors to Sicily had originally been held up by concerns over Paletta's fitness, with the result that the Rosanero changed their minds and altered their permanent offer to a loan bid.
The Palermo hierarchy have since commented on the collapse of the transfer, with president Maurizio Zamparini confident that the club would pursue other targets instead.
"These things happen - it's regrettable as we were waiting to see the lad in training tomorrow. [Sporting director Walter] Sabatini knows what happened - we will make some other moves in the market."
When the president was asked whether one of the moves would be for Nelson Rivas, he replied, "he will not be an alternative."
Sabatini confirmed to the club's official website that there were "misunderstandings over the figures" in the transfer, while the physical condition of Paletta had not been a factor in the negotiations.
Anthony Wright, Goal.com