Blues had agreed a fee with Rangers for the striker but he turned down a move to St Andrews after failing to agree personal terms. "It was disappointing because I thought Kris was ready to leave but it seems that he wasn't and he's decided to stay with Rangers. "I think, deep down, it was probably too big a wrench for him to leave.
Now manager Alex McLeish has confirmed that the deal is dead and that Boyd will be staying at Ibrox.
"It's dead," he told Sky Sports News.
"It's definitely finished now.
"You'll need to ask Kris the real reasons."