Manchester City put off by Ross Barkley's £50m price tag
Barkley will miss the first 10 weeks of the season with torn knee ligaments.

According to the Sunday Mirror, Manchester City dropped their pursuit of midfielder Ross Barkley when Everton demanded £50m for the player.

Manuel Pellegrini was keen to add the England midfielder to his squad after the 20-year-old gave a sensational performance in City's 3-2 victory over the Toffees at Goodison Park in May. The Premier League champions were prepared to offer £30m plus additional payments but were told they would have to make a bid of over £50m for Everton to consider selling. 

A source close to Manchester City said: “Barkley was seen as one of the few homegrown English players in the world game who would improve the squad.”

Barkley has since committed his future to Everton after signing a new four-year deal with the club.