Central Coast Mariners said they are still in negotiations with Usain Bolt amid speculation the Olympic champion had rejected an offer from the A-League side.
Reports emerged that Bolt, 32, turned down a contract from the Mariners, a proposal "much, much less" than the sprint superstar originally wanted, according to A-League chief Greg O'Rourke.
The Mariners responded to speculation on Tuesday, revealing a deal to sign Jamaican superstar Bolt to a professional contract will not be possible without "the financial contribution of an external third-party".
Central Coast also said Bolt – who has been trialling with the Mariners in Australia since August and turned down a contract from Maltese champions Valletta – will not train with the team until and if terms are agreed.
"The Central Coast Mariners and Usain Bolt's representative Ricky Simms have progressed contract discussions and would like to offer clarity around the negotiations between the club and Usain Bolt," the statement read.
"The club can confirm that a contract proposal has been offered by the Central Coast Mariners and negotiations remain ongoing with Usain Bolt and his management regarding his football future.
"Both parties are eager to explore all options and ensure that if there is a suitable way forward for both player and club, the two parties will keep working together and formalise an agreement. The Central Coast Mariners want to ensure that Usain Bolt is given every chance possible to fulfil his dream to become a professional football player.
"There are two main terms of discussion involved in this negotiation: football and commercial.
"Regarding the football terms of the negotiations, Usain has made great progression during his time on the Central Coast and we feel that he will improve further with more individual intensive training and competitive game time. We are looking at ways to do this as the club does not have the luxury to be able to do this in the A-League.
"Regarding the commercial terms of the negotiations, Usain Bolt’s management and the Central Coast Mariners are in conversations with external partners to find a commercial solution that suits all parties. It is important to note, that contract values speculated in the media are incorrect. Without the financial contribution of an external third-party, it is unlikely that Usain Bolt and the Central Coast Mariners will agree to terms.
"To ensure that there is no distraction to the A-League squad in preparing for this weekend's match vs. Melbourne City; Usain Bolt will not attend team training this week, until and if, the club and Usain Bolt can agree to terms and formalise an arrangement."
|BREAKING NEWS: Mendy has knee surgery|
|Warriors´ Curry will not play during three-game road trip|
|Ramos refuses to retaliate after Lovren jibe|
|Qatar pull off shock win over Switzerland|
|Tuilagi could make England return against Australia|
|Rooney has earned England reward - Sarachan|
|Croatia thrashing means nothing now – Luis Enrique|
|Chelsea and Everton among Arnautovic suitors, claims agent|
|TJ Watt hopes to win NFL sacks race with brother JJ|
|Modric defends Ramos after Lovren comments|
|Southgate hails ´outstanding´ Delph as he talks up England strength in depth|
|No war with Manchester United over Fellaini, insists Martinez|
|Rooney to wear number 10 shirt against USA and receive armband from Delph|
|I don´t feel pressure of Liverpool expectations, claims Klopp|
|Steelers´ Roethlisberger texted Bell but ´didn’t hear back´|
|Reus and Kroos to sit out Germany´s clash with Russia|
|Van Dijk happy to recommend De Ligt if Liverpool ask|
|Sauber announce launch of junior programme|
|No ´breathtaking tennis´ in Djokovic´s win against Zverev|
|Curran: England spinners will be key in Kandy|
|Djokovic charges past Zverev to move closer to ATP Finals progression|
|Messi is a football alien - Malcom|
|Sky´s the limit for Sancho, says Dortmund team-mate Pulisic|
|Radwanska retires from tennis at 29|
|Maybe one day - Pulisic open to Premier League move|
|Suso ´proud´ of Real Madrid speculation but happy at AC Milan|
|Betis president convinced Lo Celso will stay|
|Injured Holder out of Bangladesh tour|
|Germany face relegation, final spots up for grabs - Nations League state of play|
|James Rodriguez out for several weeks with knee injury|
|Curran´s brilliant fifty rescues England´s innings|
|Lenglet: No problem with Dembele at Barca|
|Townsend rings the changes for Springboks clash|
|Claudio Ranieri´s managerial career in Opta numbers|
|Mahmudullah´s first century in eight years boosts Bangladesh|
|Fellaini gets the chop ahead of 31st birthday|
|Maradona: Solari will not last at Real Madrid|
|Molinari: Race to Dubai success would not surpass Ryder Cup glory with Fleetwood|
|Dortmund star Sancho was a Bayern target, confirms Salihamidzic|
|Gerrard enjoying ´buzz´ of management|
|Hamilton questions approach to Formula One expansion|
|Ranieri honoured to lead ´exceptional´ Fulham squad|
|Solari saw Isco out of shape - Ceballos|
|Ranieri replaces Jokanovic at Fulham|
|Durant keeps details of Green spat ´in-house´ but envisages resolution|
|Rooney: Kane and Sterling are England superstars|
|Messi will make Argentina return, says Maradona|
|Warriors drop Hawks as Green serves suspension|
|In-form Healy sends Australia into semis|
|Former NBA star McGrady says Carmelo Anthony should retire|
|Celtics´ Smart: We have to look at ourselves in the mirror|
|Federer plays down preferential treatment talk|
|Mourinho is better than Guardiola – Maradona|
|Mbappe plays down Pele comparisons|
|Don´t worry bro – Mendy responds to Trump|
|Melvin, Snitker win manager of the year awards|
|Warriors´ Green suspended for Hawks clash|
|Asensio: It´s not for me to lead Madrid|
|Rooney ready to enjoy England farewell after pressure of ´Golden Generation´|
|Ludwigsburg stun high-flying Murcia in BCL|
|Rams v Chiefs moved to LA due to Mexico City field conditions|
|Skriniar discussing new Inter contract, confirms agent|
|Former Barcelona boss Martino named MLS Coach of the Year|
|Bell fails to report to Steelers, will sit out rest of season|
|Federer back on track after dismal Thiem display|
|Udinese appoint Nicola after sacking Velazquez|
|Monaco deny they broke rules regarding youth recruitment|
|Del Bosque, Zidane, Lopetegui - The former Castilla coaches Solari follows into Real Madrid hot seat|
|Ozil rejected ´crazy offers´ from Asia, reveals agent|
|Real Madrid appoint Solari on permanent basis|