Ostenstad confirmed the news during a press conference on Monday.
He said: “We have been trying to sign a good defender. But our move has been turned down.”
Erik Nevland will join Viking on a free transfer this summer, when his contract with Fulham expires.
Ostenstad added: “The signing of Nevland will not make it easier for us to sign Stoor.”
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.