© AP, Jan 24, 2012

Leonardo admits defeat in pursuit of Carlos Tevez

PARIS(AP) Paris Saint-Germain has failed in its latest effort to recruit a star player, with sporting director Leonardo saying the French club has ended negotiations to sign Carlos Tevez from Manchester City.

After missing out on former England captain David Beckham and AC Milan striker Alexandre Pato, Tevez became PSG coach Carlo Ancelotti's priority signing and Leonardo met with the player's adviser, Kia Joorabchian, in Paris last week.

''We've ended the negotiations. We made a handsome offer but we couldn't reach an agreement,'' sports daily L'Equipe quoted Leonardo as saying on its website on Tuesday. ''So we're stopping. It's over.''

Tevez has not played for City since September.

PSG is top of the French league and leads Montpellier by three points, but may now have to wait until the offseason before signing the big name it craves.

''There aren't many opportunities left and we're not going to splash out,'' Leonardo said. ''We're already fine as we are. We have a competitive squad.''

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