However the two clubs had not agreed a fee and Odemwingie appeared on television talking about the move.
Chairman Jeremy Peace said the player must now accept that he has 18 months left on his contract, whilst Odemwingie had to face up to the ridicule of fellow professionals on Twitter.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.