(GSM) - Liverpool defender Emiliano Insua's move to Fiorentina has fallen through after failing to agree personal terms, the Italian club's sporting director has confirmed.
Pantaleo Corvino said that the Serie A club had been unable to agree terms with the 21-year-old Argentinian, despite the Merseyside club agreeing a fee last month.
With the Argentinian refusing to budge on his salary demands, Fiorentina have admitted defeat which otherwise would have sealed reported £5million move.
"Insua is not coming," said Corvino. "He had high economic demands.
"I was in talks with the sporting director at Liverpool, who is our guest here, until two this morning.
"At the end we decided to give up on Insua, who will remain in England.
"The player would have entered into Fiorentina's technical and financial plans, but we couldn't reach an agreement with the player.
"Today, the deal can be considered finished."