PSG’s owners are upset with INEOS for Sheikh Jassim’s unsuccessful Manchester United bid

While Manchester United nears finalizing their move for top target Manuel Ugarte, new developments suggest that the involvement of INEOS is impacting the deal.Ugarte and United quickly agreed on personal terms, with the Uruguayan keen to move to Old Trafford. However, the transfer has stalled for over a month due to a significant difference in valuation between United and PSG.

Reports suggest United might have pulled out of the deal, but this seems inaccurate as negotiations are still ongoing. At one point, the gap appeared insurmountable.

It now looks like the midfielder could join United on a loan deal with a buyout option set at £51 million (€60 million).

Recent updates reveal that other factors are influencing the delay. According to Duncan Castles’ The Transfers Podcast, the rivalry between the owners of the two clubs might be affecting the transfer. PSG’s owners were reportedly displeased that Sir Jim Ratcliffe’s INEOS secured the minority stake at Old Trafford over Sheikh Jassim, leading to a “battle of egos.” This tension between INEOS and Qatar is reportedly complicating dealings between the two clubs.

It remains uncertain if this friction also impacted PSG’s interest in Jadon Sancho, but that move appears to have faltered.The transfer of Manuel Ugarte from Paris Saint-Germain to Manchester United has encountered significant delays, despite both clubs having reached an agreement on personal terms with the player. The ongoing negotiations have faced hurdles, mainly due to a disagreement on the transfer fee. Manchester United and PSG have been unable to align on a valuation, with United reportedly unwilling to meet PSG’s asking price of £51 million (€60 million).

Adding to the complexity, the situation has been further influenced by the rivalry between the owners of the two clubs. The involvement of INEOS, led by Sir Jim Ratcliffe, in securing a minority stake at Manchester United over the bid from Qatar’s Sheikh Jassim has reportedly created tension. This “battle of egos” between INEOS and Qatar’s ownership of PSG is believed to be complicating negotiations, leading to the prolonged standoff.

While some reports suggest that Manchester United may have pulled out of the deal, sources indicate that negotiations are still ongoing, with a loan deal including a buyout option now being explored as a potential solution. The rivalry between the owners could be affecting not only the Ugarte deal but also other potential transfers between the clubs, such as PSG’s reported interest in Jadon Sancho.

The final outcome of the Ugarte transfer remains uncertain, but the off-pitch dynamics between the ownership groups appear to be a significant factor in the delay.