By Salvatore Landolina
Fiorentina have rebuffed an attempt by Juventus to sign Juan Manuel Vargas on a part-exchange deal, and the Old Lady will have to pay between €10 million (£8.7m) and €15m (£13m) if they want to sign the Peru international, Goal.com understands.
Initial talks reached an impasse when Fiorentina rejected attempts from Antonio Conte's side to add Jorge Martinez in a player-plus-cash deal. Although Sinisa Mihajlovic, the Fiorentina coach, is an admirer of the Uruguayan, Vargas will leave for cash only.
"Juventus and Fiorentina have been talking about Vargas, but they have been unable to agree a deal," a source close to proceedings told Goal.com.
"Juventus made a cash and player offer by tabling Jorge Martinez as Sinisa Mihajlovic had expressed an interest in the winger, but then Fiorentina pulled out and so the bid failed.
"However, Juventus are still keen on Vargas, but the problem is Fiorentina just want cash for the player and they will likely consider a bid somewhere between €10m and €15m."
Juventus have already spent over €35m (£30.5m) on players this summer with Stephan Lichtsteiner, Arturo Vidal and Mirko Vucinic all arriving for high fees. Consequently, Conte's side cannot now afford to spend big on Vargas without first generating income through player sales.
The club have already offloaded Sebastian Giovinco, Felipe Melo and Mohamed Sissoko for a combined total of around €11.5m (£10m) but will need to shed more dead wood before another foray into the market.
"After having signed Arturo Vidal and Mirko Vucinic, Juventus have spent the [majority of their] money and so they want to convince Fiorentina into accepting a cash plus player deal," the source disclosed.
"A lot of money has been spent by Juventus this summer and so now they want to use some of the players who are no longer part of their plans for next season to help give them a boost for transfer business.
"As well as Martinez, you have Vincenzo Iaquinta, Amauri, Marco Motta and Fabio Grosso who are not seen as essential to Antonio Conte's plans next term.
"Before spending further money, the plan is to lighten the load by getting rid of some of these players. Amauri and Iaquinta both earn top money at the club and directors feel there is a need to sell some of these before spending further."
Vargas, who joined Fiorentina from Catania for €12m (£10.4m) in 2008, scored four goals in 19 starts for Mihajlovic's team last season and impressed at the recent Copa America with Peru, who finished third.