Angel di Maria will not be joining Paris Saint-Germain this summer, with the club's president confirming that they have pulled out of negotiations with Real Madrid regarding a transfer.
PSG - along with Manchester United - had been heavily linked with a move for Argentina international Di Maria for several weeks now, with compatriot Ezequiel Lavezzi expected to be deemed surplus to requirements at the Parc des Princes as a result.
Despite a reported late attempt from the Red Devils to entice the player to Old Trafford, Di Maria's move to France was seemingly deemed a formality by many. However, his price tag appears to have scuppered any potential switch.
"Regarding Di Maria, it is true that we have held talk with Real Madrid president Florentino Perez," Nasser Al-Khelaifi was quoted by Goal.
"But he is too expensive for us. We have stopped negotiations."
Di Maria - who was slightly disappointing at the recent World Cup before injury curtailed his involvement in the latter stages - played a vital role for Real last season, with his tremendous display against rivals Atletico Madrid in Lisbon helping the club to their 10th European Cup success back in May.
However, as is often the case at the Santiago Bernabeu, such exciting and consistent displays did not appear enough to satisfy the Real hierarchy, with deals for Bayern Munich midfielder Toni Kroos and World Cup Golden Boot winner James Rodriguez seemingly completed with Di Maria's imminent exit in mind.
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Manchester United boost?
Quite what the future holds now for Di Maria is not immediately clear. Manchester United are sure to be boosted by PSG's failure to capture his signature, although Louis van Gaal - and particularly executive vice-chairman Ed Woodward - might be just a touch concerned about the fact that one of the wealthiest clubs and biggest spenders in European football could not afford the asking price.
With their major rivals now out of the race, Manchester United must decide if a move is still worth pursuing and indeed if Di Maria is worth the extravagant fee they will no doubt be quoted for his services.
Although Van Gaal is not exactly chronically short of attacking options heading into his first campaign in charge at Old Trafford, Di Maria offers a level of quality that is arguably lacking in Manchester United's current squad.
Real Madrid could now be convinced to retain Di Maria, of course, although their embarrassment of riches in the attacking midfield position may convince the former Benfica man that his future does indeed lie elsewhere.