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Written by ANI   
Thursday, 19 June 2008

London, June 19 (ANI): Manchester City's attempt to sign Ronaldinho has moved a step closer after Italian club AC Milan admitted that it could not compete with City's offer of 30 million pounds in wages.  

The Italians admitted defeat in the chase for the Barcelona star after the 180,000 pounds-a-week proposal.

AC Milan vice president Adriano Galliani said: "We simply cannot compete with certain figures anymore. I cannot ignore the fact Italian football is now in fourth position in Europe behind England, Spain and Germany."

"Manchester City has offered Ronaldinho 9.5million pounds a year. We can only compete with that if Barcelona give him away for free," The Sun quoted Galliani, as saying.

On top of the massive three-year wage deal for Ronaldinho, City owner Thaksin Shinawatra will also have to give 20million pounds to buy the Brazilian playmaker from Barcelona.

But the former Thai Prime Minister hopes much of his outlay will be recouped in commercial deals.

In a year at the Eastlands helm, Shinawatra has spent 50million pounds on players.

New boss Mark Hughes has been told there is a lot of cash to spend this summer.

City's offer for Ronaldinho dwarfs the Premier League's current biggest pay deals. (ANI)


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