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Football London
Football London
Sport
Kieran Horn

Chelsea pull out of £51m Manuel Ugarte transfer race with PSG after staggering demand revealed

Chelsea have made a major midfield transfer decision which has seen them pull out of the race to sign Manuel Ugarte from Sporting CP. The Blues appeared to be winning the race for his signature against Paris Saint-Germain but a dramatic turn of events saw PSG leapfrog Chelsea to take the initiative which resulted in the latter pulling out of negotiations altogether.

Both teams willing to pay his €60million (£51m) release clause made talks with Sporting rather straightforward forward but personal terms were where problems began to arrive. Throughout negotiations it has been reported that PSG were always offering a more lucrative salary than Chelsea but that Ugarte's preferred destination was the Premier League.

However, a summer transfer to PSG now seems inevitable with Chelsea pulling out of the race late into Sunday evening, as first revealed by CBS reporter Ben Jacobs. He also noted that the Blues increased their wage proposal but PSG's continued to remain higher and thus Chelsea were not prepared to go above market value.

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