Marshall was said to be one of a number of goalkeepers interesting Sheffield United manager Neil Warnock, and Town were hopeful that the Blades would come in with an offer for the exiled goalkeeper.
However this morning Sheffield United have announced that they have completed the signing of former Town target and loanee Paul Gerrard who has signed for the club on three months loan as cover for the injured Paddy Kenny.
Speaking of the signing, Warnock said : "I've always rated Paul ever so highly, right back to his Oldham days - I've just never been able to afford him and I'm really pleased David Moyes has agreed to it."