Paris Saint-Germain have reportedly offered Manuel Ugarte a better deal than Chelsea, forcing the Blues to pull out of the race.
Chelsea are reportedly pulling out of the race for Manuel Ugarte despite being close to completing a move for the player, with PSG said to have swooped in with a superior offer.
The 22-year-old Uruguayan has been on the radar of a number of clubs thanks to his performances for Sporting Lisbon.
The Blues were thought to be in pole position to land him; however, they are said to have backed out of the race.
14:20 - 29.05.2023
Pochettino reportedly set to sign £52m-rated midfielder days after Chelsea unveiling
Mauricio Pochettino first Chelsea signing could be Manuel Ugarte as the London club are reportedly ready to trigger the £52m buy-out clause of the midfielder.
Chelsea pull out of Ugarte race
Transfer journalist Fabrizio Romano reported tonight that Chelsea have withdrawn from the race to sign the defensive midfielder.
The London club were keen to land the player as a top summer recruitment to back new manager Mauricio Pochettino.
Ugarte is a highly-rated talent and has been a subject of interest to a number of clubs, but the Blues seemingly led the race.
However, they are now said to have backed out as Paris Saint-Germain are offering the player better terms than Chelsea are willing to match.
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Chelsea to battle PSG for £52m rated defensive midfielder as Blues continue spending spree
Chelsea are reportedly set to trigger Manuel Ugarte's £52million release clause, as the Blues aim to beat PSG to the Sporting CP midfielder's signature.
According to the report, the Parisians are expected to complete the deal soon, having worked on things on the personal end. They are said to still be in negotiations with Sporting over a transfer fee, but they are now shoo-in to land the player.
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