Telford's initial bid for Smith was rejected by Worcester

Telford originaly offered �1,500 for Smith and their chairman Lee Carter said they would up the bid.

But City chairman Dave Boddy told the club's website: "I had a business meeting with Lee Carter, which had been pre-arranged some 2 or 3 weeks ago.

"We discussed the matter but Telford's valuation is still well short of ours."

Boddy added: "There also has to be a willingness to sell the player and a desire for the player to move.

"I explained to Lee that we still believe that we have an outside chance of making the play-offs ourselves and that Chris was an important member of our squad.

"It is unlikely that there will be any further developments."