Spanish giants Real Madrid have opted out of the race for the signature of French international Paul Pogba who currently plies his trade with Italian giants Juventus.
The midfielder, who is in France with his national team for the 2016 European Championships has been the subject of interest from Real and Manchester United after another successful season in Italy.
Sky Sports however reports that the Spanish side has pulled out, citing a huge financial implication as Manchester United have made it clear they will pay top dollar for the highly rates Frenchman who once played for United.
The basic transfer fee for Pogba is understood to start at around £85m.
However, when taking into account add-ons and bonuses related to the success of the player and the club – as well as Raiola’s fee – the total amount United could pay for Pogba’s transfer could reach over £105m (€123m).
This is not including the player’s contract, which is expected to comfortably exceed £65m, were the club to pay him a basic salary of £250,000 per week on a five-year deal.
Real will now turn their attention to Valencia’s Portuguese midfielder Andre Gomes who is expected to become the subject of a £42m (€50m) transfer bid from Real after the conclusion of Euro 2016.