Argentine will not be leaving St James’ Park.

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Defender Fabricio Coloccini is unlikely to be leaving Newcastle United in the transfer window after Argentine club San Lorenzo pulled out of  a move to sign him.

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Argentine Coloccini was wanted back in his homeland after becoming unsettled with life on Tyneside and handing in a transfer request just a year after signing a new deal at St James’ Park.

Club captain Coloccini held talks with Newcastle’s hierarchy over being released from his contract because San Lorenzo could not afford to pay a transfer fee for the 31-year-old, but boss Alan Pardew did not want to lose his star defender.

And as a result, San Lorenzo, who have Coloccini’s father Osvaldo as their youth team coach, have pulled out of the running to take him back to Argentina.

San Lorenzo announced on their official Twitter feed: “Finally, after long negotiations, we announce that Fabricio Coloccini will not join the squad of San Lorenzo It was not possible to release the Newcastle player for this month and therefore the club will look for another alternative to strengthen the defence.”

Newcastle have been busy in the transfer window, bringing in French international defender Mathieu Debuchy from Lille and Montepellier centre-back Mapou Yanga-Mbiwa. They are also close to signing Massadio Hairada from Nancy and Bordeaux striker Yoann Gouffran.