Led Zeppelin will not reform to play a one off show at Cardiff's Millennium stadium, despite desperate efforts to get the band to consider the concert.
It had been hoped that the group would announce more shows following their reunion concert at the O2 Arena in London last December.
The band's concert, one of the most anticipated in living memory, attracted over 1 million applicants for just 18,000 tickets.
In February it was confirmed that officials from the Millennium Stadium, home to Welsh rugby, had been in talks with Led Zeppelin's representative, Harvey Goldsmith, about organising a concert.
However, Gerry Toms, the stadiums manager, now admits that the idea is “dead in the water.”
“Because the concert was a success there was hope of a tour, but that was a lot of speculation,” he told the South Wales Echo.
“It would be great if they would, but as far as we know that is dead in the water.”
Hopes of further shows have always rested with frontman Robert Plant, who is touring his Mercury nominated album 'Raising Sands' with singer Alison Krauss until October.
You can keep up to date with all the latest news from Gigwise by following us on Twitter and liking us on Facebook.

BBC Denies Burying Jimmy Saville Sex Abuse
Katy Perry Unveils New Single 'Part Of Me' - Listen
Plan B's 'iLL Manors' Movie Labelled As 'Horrific'
Adele Gets Go-Ahead To Perform At Grammy Awards
Tory MP Backs Campaign To Secure Knighthood For Led Zeppelin's Jimmy Page
Robert Plant Plays Led Zeppelin Songs At Surprise Community Hall Gig
Steven Tyler: I'd Never Have Left Aerosmith For Led Zeppelin
The 15 Best B-Sides Of All Time
M.I.A Demands Women In Burkas: Ridiculous Rock Star Riders!
Dry The River, All The Young Play Manchester Ritz