Manchester United have reportedly made a definitive decision on one of the biggest midfield transfer sagas of the summer.
According to The Telegraph, Man United were initially monitoring the situation, but have told Newcastle United they will not enter the race to sign Sandro Tonali.
Newcastle are demanding £100 million to sanction his departure.
INEOS believe the overall financial package, including the transfer fee and wages, represents poor value in the current market.
The Red Devils are fully focused on bolstering their midfield this summer.
Casemiro is set to officially depart the club when his contract expires at the end of the month.
Manuel Ugarte is also expected to head for the Old Trafford exit door this summer.
Ederson is expected to be one of the summer signings for United but they could sign at least one more midfielder.
United are unlikely to stop there and could still recruit at least one more midfielder before the transfer window closes.
Tonali would have been a fine addition but several clubs are fighting to land the former AC Milan star.
Arsenal are the favourites to sign Tonali but face competition from Manchester City and Tottenham Hotspur.
Man City view Tonali as a potential alternative to Elliot Anderson and could accelerate their interest if a deal with Nottingham Forest proves impossible.
Tottenham have also stepped up their pursuit in recent weeks but may have arrived too late to gain a meaningful advantage.
United are in talks to sign Mateus Fernandes from West Ham United. They are also monitoring Carlos Baleba and Alex Scott.
The Hammers want £80m to offload Fernandes, but United are desperate to secure a discount.
Tonali is an impressive all-round midfielder but his previous betting controversy would have made any move slightly more complicated.
The prospect of signing a player with a significant off-field issue in his recent past may have raised concerns among sections of the fanbase.
Rather than entering a costly bidding war for Tonali, United may be better served pursuing a different elite midfielder.
One player who stands out is Real Madrid star Eduardo Camavinga.
Madrid are open to offers for the Frenchman after five years at the club.
Stats from Transfermarkt.com