Manchester City appear to be out of the running to sign Udinese winger Alexis Sanchez, after Roberto Mancini confirmed they had been rebuffed in their pursuit of the Chilean.
According to skysports.com, City had tabled an offer in the region of £30 million for the 22-year-old, but Udinese continue to stand firm over their massive £44 million valuation of Sanchez.
And, despite Mancini holding positive talks with Sanchez regarding a move to Eastlands, the City boss has conceded defeat in the race for the gifted wide man.
"I talked to Sanchez, he said he was willing to come to City," Mancini told Sky Italia. "But after the last offer we are out of the race for the Chilean player."
This would seem to pave the way for Barcelona to sign the Chile international, who reportedly said today that he will now either move to the Nou Camp, or remain in Italy with his current employers.
Quoted by El Mundo Deportivo, Sanchez said: "Either it's Barcelona or I will stay [at Udinese]."