The 31-year-old Iran captain was Osasuna's highest paid player and according to Spanish media the team has received nothing from his buy-out clause of 2.5 million euros.
Qatari football club Al Gharafa had been interested in signing Nekounam but it appears they will now turn their attentions to Australian midfielder Mark Bresciano instead.
Nekounam joined Osasuna in 2006 and played 149 matches for them, scoring 24 goals.
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