Manchester City have withdrawn their interest in Leicester City centre-back Harry Maguire.
The Citizens – as well as neighbours Manchester United – have been strongly linked with a move for the England international at a time when they are both looking to sign new central defenders.
However, the Foxes’ valuation of the 26-year-old – understood to be in the region of £90 million – has proven to a stumbling block for both outfits with just five weeks remaining until the new Premier League season starts.
Manchester City are now out of the race for Harry Maguire, insisting that they will not pay more than £75 million for the commanding defender.
The report adds that the Red Devils are now regarded as the clear favourites, providing that they are willing to improve their latest bid of £70 million, but Ed Woodward would be reluctant to splash more than £80 million on a player who is not as famous as Paul Pogba.
The vice-executive chairman of old Trafford club is keen on making big-money moves only players who can boost the merchandise like Paul Pogba did when the World Cup winner completed £89 million move from Juventus.
Manchester United assistant Mike Phelan is believed to be ‘pushing’ the side to sign the former Hull City man.
The Premier League champions were also linked with move for £40 million-rated Netherlands international Nathan Ake, as an alternative to Harry Maguire.
Meanwhile Pep Guardiola is willing to hand experienced midfielder Fernandinho a new contract despite acquiring the signature of Rodri.