HITC Sport understands that deals could not be done in time and that Stokes is now reluctant to look for a loan move.
Stokes has been told by Celtic boss Ronny Deila that he has not future at the club, and talks with a number of sides in England had taken place
Despite Stokes's impressive scoring record for Celtic, he had looked set to move on - but the Scottish Premiership champions could not agree terms on a transfer.
Ex-Hoops boss Neil Lennon was desperate to take him to the Macron Stadium and bolster Bolton’s below par strike-force, but he saw a deal fail - whilst Birmingham manager Gary Rowett showed late interest, but again the transfer could not be sorted in time.
Stokes has now been linked with a loan move, but HITC Sport has been told that neither the player nor Celtic are very keen on a short-term agreement, meaning that he could now remain at Parkhead until January at least.