Borussia Dortmund have rejected Manchester United’s €78m (£67m) bid for Jadon Sancho as the two clubs continue to try to reach an agreement over the forward’s future.
United spent the majority of last summer trying to convince Dortmund to sell the England forward, though their attempts ultimately proved unsuccessful with the two parties unable to settle on a fee.
The failed pursuit did little to dampen United’s interest in Sancho and they’ve taken no time at all in re-entering discussions with the Bundesliga side this summer.
Dortmund are understood to have set United a deadline of the end of July by which time a deal must have been agreed and BBC Sport report that a bid of €78m (£67m) has now been rejected.
Die Borussen believe the amount offered falls short of their valuation of the 21-year-old and are holding out for a fee of €90 (£77.3m) plus €5m (£4.3m) in add ons.
There’s also the issue of the payment structure to consider, with Dortmund demanding United’s proposal of a five-year period be shortened.
Sancho and United have a gentleman’s agreement in place regarding the terms on offer should United reach a compromise with Dortmund over the fee within the timescale.
If the Red Devils do manage to get the deal over the line it will represent a huge step forward as Ole Gunnar Solskjaer looks to build a side capable of challenging for the Premier League title.
The United hierarchy have pinpointed five areas of the squad that need adding to this summer and securing the signing of Sancho would see one of those positions ticked off the list.
The club are also in the market for a centre back, right back, central midfielder and a striker, meaning they’ll no doubt be keen to reach an agreement with Dortmund over Sancho as soon as possible to allow themselves time to concentrate on other targets.