O'Neill had been tracking the Hungary international defender as a replacement for the now retired Martin Laursen.
However, after the club watched him in action in Anderlecht's last game of the season they have opted against formulating an offer.
Juhasz believes it would be good for his career to move on this summer, although he remains unsure exactly where he will end up
"I don't know where I'm going to play next season," he told origo.hu.
"I've heard from my agent that there are offers from different countries and teams, but I've not heard any details or of anything concrete.
"If I move on in the summer then I think it'll be good for my development. I think the Belgian league is a good place to play, but I think there are higher levels for me in football."