Chelsea have conceded the advantage to Paris Saint-Germain in the race to sign Manuel Ugarte by leaving negotiations for the Sporting CP star.
As football.london reported on Sunday, June 4 there was a growing confidence from the Blues' side that a deal can be done for the 22-year-old but personal terms had not been agreed just yet. Ugarte having a £52million release clause included in his current deal at Sporting meant there would be no issues there but the problems arose very quickly in regard to two very different salary proposals.
While Chelsea were first putting forward €2million (£1.7m), the initial offer from PSG was a package of €5million (£4.3m) but they have since chosen to double his personal terms offer to a figure that Chelsea had no intent to match and thus resulted in them leaving the transfer race.