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Chelsea and Manchester City suspended the pursuit of Haaland after knowing the financial package

chelsea and manchester city had to backtract from the haaland deal after knowing the financial package

Chelsea and Manchester City are reportedly forced to pull out of the Erling Braut Haaland pursuit after knowing that he would cost around half a billion as per the report in Financial Times(Via Daily Star)

The 21-year-old joined Borussia Dortmund in January 2020 from Red Bull Salzburg for around €20 million. The forward took no time to settle down in the new surroundings, scoring 63 goals in 64 appearances in all competitions over the past few campaigns. 

According to the report, Chelsea and Manchester City had identified Haaland as their priority option for the striker position. However, both clubs had to step back from the deal after understanding that the Norwegian sensation would cost around half a billion. 

chelsea and manchester city decided not to purchase haaland after learning his financial demands

The Blues and the Citizens would have to commit a £500 million deal over the next few years to finalize the 21-year-old’s signature. Including the transfer fee, player’s wage and also huge signing on bonuses for the super-agent Mino Riola. 

Having known the huge financial commitment, Thomas Tuchel’s side quickly signed Romelu Lukaku for around €115 million. On the other hand, Pep Guardiola’s side failed to bring in anyone in this transfer window. 

Chelsea and Manchester City had to backtrack from the Haaland deal:

Haaland would have been a great signing for Chelsea or Manchester City. However, spending that much money on a single player is a huge risk for any club. The 21-year-old has showcased his talent in the last few campaigns, but it could have been a huge gamble to spend half a billion. 

Chelsea and Manchester City have shown their financial muscles, however, it is still huge for even these two clubs. The Blues signed their second choice option Romelu Lukaku and he is already showing promises in his second spell at Stamford Bridge. 

Despite winning the Premier League last term, the Citizens came one step short of lifting the Champions League. The necessity of a new striker was apparent in the final as Guardiola’s side could not break Chelsea’s defence and looked flustered. 

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