Manuel Ugarte: PSG Outbids Chelsea for Sporting Lisbon Midfielder
Paris Saint-Germain (PSG) has reportedly moved ahead of Chelsea in the race to sign Sporting Lisbon midfielder Manuel Ugarte.
A High-Stakes Transfer
Chelsea had been keen on the Uruguay international as they looked to strengthen their midfield. The club’s recruitment team had identified Ugarte as the ideal partner for Enzo Fernandez and were prepared to meet his £52m release clause. However, PSG has now taken the lead by substantially improving their contract offer to Ugarte.
According to Italian journalist Fabrizio Romano, PSG’s decision to increase their offer has led to Chelsea dropping out of the race. Romano says that Ugarte was interested in a switch to Chelsea before the Blues seemingly withdrew their offer on the back of PSG opting to pay what Chelsea deem to be ‘above the market rate’.
A Lucrative Offer
A report in Record says that PSG is willing to pay Ugarte a contract worth €10m (£8.62m) per year, doubling what Chelsea were allegedly prepared to shell out. This development comes at a time when a further report has indicated that Chelsea’s owners Todd Boehly and Clearlake Capital were open to buying a minority stake in Sporting as part of any proposal.
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