Megson has instead invited French midfielder Camel Meriem for a trial.
Meriem is currently available on a free transfer after leaving Monaco.
“He’s out of contract, so we’ll just have a look because we’re in a situation with what has happened with Sean where we could do with another body in there if it can be done,” said Megson to Bolton News.
“We’re not saying we’re going to do anything, but he’ll come over, all being well, and spend a few days training with us.”
Megson added: “I’m an admirer of Alan Smith, he’s a terrific player, but there’s been nothing because the transfer window is closed.
“I don’t know where all these things come from, but it’s not here.”
