Chelsea Drops Out Of Manuel Ugarte Hunt

Chelsea call it quits with the Manuel Ugarte transfer bid.
The news was announced by Italian football journalist, Fabrizio Romano, who reveals the Blues of West London are no longer making the move for the forward.
This leaves the pathway for Paris Saint-Germain to make the move.

EKO HOT BLOG reports that in a surprising turn of events, Chelsea Football Club has decided to withdraw from the race to sign talented midfielder Manuel Ugarte. Reports suggest that Paris Saint-Germain (PSG) has now emerged as the frontrunner to secure the services of the promising player.

Italian transfer expert Fabrizio Romano shed light on the situation, revealing that despite earlier reports indicating a potential deal, negotiations between Chelsea and Ugarte were still ongoing as of Saturday.

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The club was actively discussing contract terms with the player, indicating his openness to a move to Stamford Bridge. However, PSG has since made a more enticing offer, altering the landscape of the transfer.

As it stands, Chelsea has shown a reluctance to exceed what they deem as Ugarte’s “market rate” in their pursuit of the young midfielder. This has given PSG an opportunity to step in and potentially secure his signature.

The French giants, led by their sporting director Luis Campos, are currently engaged in negotiations with Sporting Lisbon, aiming to finalize a deal worth around €60 million for Ugarte’s services.

Ugarte, a highly regarded midfielder, has attracted significant attention with his performances for Sporting Lisbon. The 20-year-old’s skill set and potential have made him a sought-after prospect in the European transfer market. While Chelsea initially expressed interest, their unwillingness to meet the increased financial demands has allowed PSG to position themselves as the favorites in the race for Ugarte’s signature.

Chelsea Drops Out Of Manuel Ugarte Hunt

The decision by Chelsea to withdraw from the pursuit of Ugarte has shifted the dynamics of the transfer, leaving PSG with a clear path to potentially secure the services of the talented player.

With negotiations ongoing between PSG and Sporting Lisbon, football enthusiasts eagerly await further developments as the summer transfer window approaches. The question remains as to which club will ultimately secure the services of Manuel Ugarte, whose potential and talent have garnered attention from some of Europe’s top clubs.

Meanwhile, it is noteworthy that Chelsea, in their quest to bolster their midfield, have maintained their interest in another Ecuadorian talent, Moisés Caicedo.

The club has consistently kept Caicedo on their radar, and his name remains on their list of potential signings for the upcoming summer transfer window. As the transfer saga unfolds, fans of both Chelsea and PSG eagerly await the outcome, eager to see how this intriguing pursuit for Manuel Ugarte will conclude.

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