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In a recent development, Manchester United has abandoned their pursuit of Paris Saint-Germain midfielder Manuel Ugarte, citing the French club’s steep asking price, according to David Ornstein.
Strengthening the midfield is a priority for Sir Jim Ratcliffe and INEOS as they prepare for the upcoming 2024/25 season. Manuel Ugarte had emerged as a top candidate to enhance Erik ten Hag’s midfield options.
United initially saw their bid for Ugarte rejected, with PSG demanding a much higher fee than United was prepared to offer.
Despite this setback, United reached an agreement with Ugarte on personal terms and continued negotiations with PSG, hoping to find a compromise on the transfer fee.
It was reported that PSG showed some flexibility, considering a loan deal with an option to buy after initially insisting on an obligation to purchase.
Ugarte was on holiday, eagerly anticipating the completion of his move to Old Trafford.
However, according David Ornstein, this transfer now seems unlikely as United refuses to meet PSG’s high valuation.
Ornstein stated, “Manchester United are switching the focus of their search to sign a new midfielder away from Manuel Ugarte and on to other candidates.”
“United have been exploring a deal for Ugarte but they do not intend to meet Paris Saint-Germain’s asking price, which is around the €60million (£51.4m) fee they paid to sign him from Sporting Lisbon in 2023.”
“The clubs are quite far apart in their respective valuations of the Uruguay international and, as things stand, United are looking elsewhere.”
“Only if PSG reduce their request is it possible that the Old Trafford side might return to the table — but so far no progress has been made.”
At United, the prevailing sentiment is that they will only pay what they consider the “correct fee” for each target.
Additionally, the 20-time English champions are keen to avoid prolonged negotiations that could drag on until the very end of the transfer window.
This strategic shift means United will now explore other options to strengthen their midfield, abandoning their pursuit of Ugarte unless PSG lowers their financial demands.
The club’s approach underscores their commitment to prudent financial management and efficient transfer dealings as they gear up for the new season.
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