The striker had already completed a medical and posed for pictures in the club's shirt, but cancelled the deal at the last minute in July and rejected a deadline day final offer on Tuesday night.
According The Telegraph, the 31-year-old refused to leave the club on the advice of his pastor.
It's also claimed the striker rejected Tottenham's deadline-day offer to cancel the remaining year of his reported £100,000 a week contract.
Spurs were reportedly willing to pay Adebayor his wages until he found a new club and supplement any shortfall he incurred by playing elsewhere.
Adebayor originally said he would leave Spurs if his contract was paid up front and in full, which would have cost the club around £5million.
The decision means the Togo international will not be able to play for another club until January.
The former Arsenal and Manchester City player was stripped of his squad number and hasn't played for Spurs this season.
