At one stage this summer it appeared that Chelsea were very close to landing Mauricio Pochettino's first signing. The Blues were happy to activate a transfer clause and even appeared to have come to an agreement over personal terms.
In one dramatic evening Chelsea appeared to move from being confident of completing a deal for Manuel Ugarte to then pulling out of the deal completely as PSG took the driver's seat. football.london understands that up until PSG enhanced their offer for the 22-year-old, the west London side were very confident Ugarte would arrive at Stamford Bridge.
A deal for the midfielder is yet to be official confirmed by the French side however with Sporting CP revealing they will not negotiate until July 1st due to their financial year. Frederico Varandas, chairman of the Board of Directors of Sporting Clube de Portugal made clear he is yet to become PSG player, and that the French side are one of two clubs to have proposed a fee in excess of his release clause.