Juventus Withdraw From Kalvin Phillips Transfer Race Due to Financial Concerns, Giving Premier League Clubs a Big Boost

Ahmed Asmar05/01/2024

1 minute read

Juventus pull out of transfer race for Kalvin Phillips over financial concerns in huge boost to Premier League suitors

Introduction to the article:
The article discusses Juventus’ decision to pull out of the race to sign Manchester City’s Kalvin Phillips, citing the high costs associated with the potential transfer.

Juventus Pulls Out

Juventus have made the decision to withdraw from the pursuit of Kalvin Phillips, as well as Tottenham star Pierre-Emile Hojbjerg, due to the high costs involved in the potential transfers.

City’s Demands

Manchester City is reportedly demanding a significant loan fee of £5 million for Phillips, as well as an obligation to buy him for around £40 million, making the deal financially challenging for interested clubs.

Interest from Other Clubs

Despite Juventus’ withdrawal, several Premier League sides, including Crystal Palace, Fulham, and potentially Manchester United, have shown interest in signing Phillips, indicating that there is still significant demand for the midfielder.