The Basque side are back in Spain's top flight following a three-year absence and had been hoping to boost their attack by bringing in the Brazilian forward.
But, Jokin Aperribay says a move is now unlikely.
"It's not a closed case but it's complicated for him to come to Real now and we are working on other alternatives because the possibilities of that negotiation being successful are very, very scarce," he said at a press conference to announce a sponsorship deal with Opel on Monday.
Source: PA
Source: PA