Manchester United are ready to cool their interest in Valencia centre-back Nicolas Otamendi, reports The Mail.
The centre-back has been linked with a move to Old Trafford in each of the last summer transfer windows and looked set to land on Louis van Gaal's radar once again.
Interest in the Argentina international seemed to follow news that Mats Hummels had agreed to stay at Borussia Dortmund for at least one more season.
Hummels, 26, was the first choice to improve Manchester United's defence and Van Gaal was pursuing a £32m transfer.
But despite the huge money on offer at Old Trafford, Hummels has agreed to help steady the ship at Dortmund by rejecting the chance to leave.
Jurgen Klopp is leaving his post as manager and keeping Hummels was seen as crucial to the rebuilding program at the Westfalenstadion.
Otamendi was the next target on Van Gaal's shortlist and seemed much more willing to leave his club than Hummels did.
£35m release clause
Reports emerged early on Tuesday that the South American was ready to try and force a move to Manchester United should they firm up their interest.
Speaking to Radio Valencia Cadena Ser, Otamendi's agent Eugenio Lopez said: "Nico wants to leave Valencia and is going to do everything possible to achieve it."
Valencia have since told Manchester United that Otamendi would not be allowed to leave the club for anything under his £35m release clause and that may have been enough to put Van Gaal off.
The Red Devils have a huge transfer budget of £150m to splurge this summer but it seems Van Gaal is not ready to commit such a large chunk to sign Otamendi.
It could also be the case that Manchester United have received enough encouragement from Hummels to suggest that they still have a chance of signing him this summer.
Despite what Borussia Dortmund say, they will surely be open to selling the centre-back if the right offer comes along.
The words coming from the Dortmund boardroom may just be a front to try and push up the £32m price tag. They could have every intention on cashing in on their captain after all.
Are Manchester United right to pull out of a deal for Nicolas Otamendi or should they meet his £35m price tag?
Give us YOUR thoughts in the comment box below!