Former Arsenal striker Thierry Henry will not be signing for the club on loan during the January transfer window.
The 35-year-old trained at the club's Hertfordshire base during November to boost his fitness levels following the end of his MLS season with New York Red Bulls.
Henry returned to the Emirates in a loan deal last year, extending his club record goal tally to 228 making four appearances.
Gunners boss Arsene Wenger appeared keen in recent weeks to re-sign the French forward, particularly considering the departure of Ivorian Gervinho this month at the start of 2013 for the African Cup of Nations.
But speaking after Tuesday's lacklustre 1-1 draw at Southampton, Wenger ruled out any deal and said: "He is not ready, he has just come back from holiday anyway. At the moment we are not on that case."
Two months ago, Wenger was full of praise for his ex-pupil, suggesting he was keen to take him on for a third spell at the club.
He said: "You know what Thierry gives you; he gives you hope, especially when he comes on, that is the most important thing.
"Thierry is a communicator, an extrovert, very intelligent. He can only give good advice to players because he was in their position when he arrived here.
"I think now this team has an exceptionally good character. There are not many flashy boys. What is the most important thing is not whether you are an extrovert, but what it means to you to do well, your job, your will to win."
First-half goals by David Ball and Alan Goodall did the damage, with Vale winger Jennison Myrie-Williams seeing his second-half penalty saved by 'keeper Scott Davies.
"We were second best throughout the game. It was a tired performance and we looked jaded," said Adams, whose side lost top spot in League Two.
"We started reasonably well and Tom (Pope) will be disappointed he didn't put at least one of his chances away, but it wasn't our day.
"I could make all the usual excuses because we have done a lot of travelling for two away games while Fleetwood have had two at home. That might have made a difference and it might not.
"There can certainly be no excuses for conceding from two set-plays. As a unit Fleetwood aren't a big side and it was very disappointing to concede like that.
"But Fleetwood played very, very well and what we have to do after this is regroup and see if we can put in a much brighter performance against Plymouth on Saturday."
