Jadon Sancho, Borussia Dortmund, and Manchester United are reportedly all still interested in completing a transfer before the end of the window.
United's pursuit of England international Sancho has cooled in recent weeks amid a standoff over his exit fee.
Dortmund are insistent on their £108 million valuation, a price United feel is unrealistic amid the current global financial downturn.
As such, negotiations have slowed between both sides have frozen.
Furthermore, Dortmund officials have made the recent standoff more concrete with public statements. Indeed, sporting director Michael Zorc revealed the potential deal was off after United missed their deadline.
In addition, CEO Hans-Joachim Watzke insisted recently that Sancho will not leave this summer.
"We weren't in a situation where we had to sell at any cost," he said of the Sancho situation (via Manchester Evening News). "Clubs noticed that too."
The recent stalemate also provided some additional info around the prospective deal. Numerous sources claimed Sancho had already agreed terms with United over a transfer. However, we were informed that is not the case and no agreement between United and Sancho exists.
Despite the current impasse, transfer expert Ian McGarry insists the two clubs are calm over the deal still going through.
McGarry reported on the Transfer Window Podcast that all parties involved are confident the deal will go through at some point.
McGarry explained: "Our information is that Manchester United and Borussia Dortmund are comfortable with the positions they're in with regards to selling Sancho.
"United don't expect Dortmund to agree the details of the payment structure that United have proposed, until potentially the end of the window.
"There's currently an impasse with conversations between the two clubs.
"United are now in the unique position of being the only team in town as far as Sancho is concerned.
"That's something they're comfortable with.
"It shouldn't be the case that the transfer is in doubt or won't happen.
"United believe it'll happen, Sancho believes it'll happen, his representatives feel it'll happen, and whatever Dortmund say in public, they also believe they'll sell."
- TEAMtalk media