Manchester United’s pursuit for Manuel Ugarte has stopped as they are hesitant to pay Paris Saint-Germain’s asking price, according to sources.
United have made the acquisition of the Uruguay international one of their goals this summer after clinching agreements for Joshua Zirkzee and Leny Yoro.
It’s thought that Ugarte has informed PSG that he only wants to join United this summer, while the Premier League club have already negotiated personal terms with the 23-year-old.
However, United have yet to strike an agreement on a cost with PSG.
According to The Athletic, PSG are holding out for a €60 million (£51.4m) for Ugarte and United have made it clear that they are unwilling to meet their valuation.
The report claims that United and PSG are ‘quite far apart’ in reaching an agreement, and United are now exploring alternative midfield targets.
United, meanwhile, are also in talks with Bayern Munich over a double deal for Matthijs de Ligt and Noussair Mazraoui.
United’s joint bid of £51m was rejected by Bayern Munich last week, and the German club are demanding a £64m fee for both players.
Speaking last week, Erik ten Hag admitted that the Premier League’s Profit and Sustainability Rules are having an impact on United’s transfer plans.
‘Every club has those limitations,’ said Ten Hag.
‘The FFP rules for every club is there. Also, we have to manage this and go with those rules.
‘We have to manage it as good as possible to construct the best squad possible.’