Man Utd's offer for Manuel Ugarte has been met with a response from PSG, who have also revealed their asking price for the player.

Ugarte had only recently joined Paris Saint-Germain last summer, but it seems like his time with the French club may be short-lived. Reports have surfaced that Manchester United has made an initial offer for the midfielder, but it has been rejected by PSG. The French champions are holding out for a higher fee of around £51million.

It's no secret that United is in the market for a new holding midfielder, especially with the expected departure of Casemiro from Old Trafford this summer. And it seems like Ugarte is high on their list of targets. But interestingly, the Uruguayan had actually turned down a move to Chelsea last summer in order to sign for PSG in a deal worth just over £50m.

At first, Ugarte had a promising start to the 2023-24 season under the guidance of Luis Enrique. However, as the campaign progressed, he lost his spot in the starting line-up. Now, it seems like PSG is willing to listen to offers for the midfielder, and United has made their first move.

According to sources within the French club, United's initial offer has been rejected as it falls well below PSG's valuation. The Daily Telegraph has reported that PSG is determined to recoup the £51m they paid to acquire Ugarte's services from Sporting Lisbon last year. It remains to be seen if United will be willing to meet their demands or if they will turn their attention elsewhere.

With the potential departure of Casemiro, United is eager to bring in some reinforcements this summer. However, their transfer budget is said to be quite modest at only £35m. To raise further funds, the club is looking to offload some players. They have already made an offer for Everton defender Jarrad Branthwaite, but it was swiftly rejected by the Merseyside club. Everton values their young defender at a whopping £70m.

Despite Branthwaite reportedly agreeing to personal terms with United, negotiations have hit a standstill. The Red Devils are not willing to make an improved offer and are prepared to walk away if Everton refuses to lower their asking price. It's a delicate situation, and United is in no rush to make a decision.

Overall, it seems like United is facing some challenges in the transfer market. They have made their first move for Ugarte, but it has been rejected, and they are struggling to reach an agreement with Everton for Branthwaite. Only time will tell if they will be successful in acquiring their desired targets, but one thing is for sure - they are not willing to overspend in this summer's transfer window.

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