Ralf Rangnick, the RB Leipzig sporting director, has said AC Milan’s Hakan Calhanoglu signing is no longer possible following the club’s inability to meet the demand .
Reports had initially said the two clubs agreed on a €20m deal to land Hakan Calhanoglu in the Bundesliga.
However, all of the speculation has been crashed down by Rangnick’s latest comments.
He said: ‘The deal is financially impossible. Obviously we know him, given he played in the Bundesliga, but now he plays for Milan.
‘We already knew his price, so it’s absolutely not possible for us to make a move from a financial standpoint.’