Chelsea have pulled out of the race to sign Sporting CP midfielder Manuel Ugarte.
Ugarte was heavily linked with a move to Stamford Bridge as Mauricio Pochettino tries to bolster his midfield options this summer. However, Mirror Football now understands that Chelsea are no longer pursuing Ugarte after Paris Saint-Germain lodged a considerably higher offer.
Both Chelsea and PSG triggered the £52million clause in Ugarte's contract, but, in a dramatic twist, the French club increased their bid in an attempt to lure the Uruguayan to the Parc des Princes. Ugarte is now expected to make the switch to the Ligue 1 champions on a long-term contract.
