Man Utd & Bayern given big boost as Paris Saint-Germain back out of bid to sign Frenkie de Jong from Barcelona

It has been heavily reported that the club are looking to sell the high-earning midfielder for a sum that would help them trudge towards president Joan Laporta's goal to get the club back to economic stability.

According to a report from SPORT, the Dutch midfielder, who held the affection of PSG for the last couple of summers, is no longer a target for them as they look to replace Kylian Mbappe, who will be leaving the club for Real Madrid. With Napoli's Victor Osimhen being their prime target for this summer, they will be unable to splash the cash on De Jong and have pulled out altogether.

According to the report, just like Barcelona, PSG are also immersed in a battle to clean up their messy accounts as they fear a potential for a Financial Fair Play investigation in the summer. If they attempt to sign De Jong and a replacement for Mbappe in the same summer, they could potentially ruin their chances of cleaning up their economic situation.

With United and Bayern both interested in the Dutchman, it remains to be seen where he looks to move if he does decide to leave the Catalan side. At this point, De Jong has maintained neutrality and hasn't hinted at a move away but also hasn't gotten in touch with Barcelona regarding their proposed contract renewal, which would see him earn less than he already does.