Sky Sports: Newcastle to walk away from Diego Carlos deal after transfer summit in Saudi Arabia

According to Sky Sports, Newcastle United are 'ready to walk away' from a deal to sign Diego Carlos after selling club Sevilla continue to alter their asking price.

As revealed by Pete Graves just moments ago, it's believed Sevilla set an initial asking price of £25m (€30m), yet are now demanding that we pay £38m (€45m) if we want to sign the Brazilian this month.

The player is believed to be 'desperate' to complete a move to St James' Park, having handed in a transfer request last week, however it looks like we are quite rightly refusing to give in to Sevilla's games.

As a result, Sky Sports report that we will now move on to other centre-back targets following a transfer meeting that took place in Jeddah yesterday.

It is a real shame to see this drawn out pursuit end without a deal, meaning attempts to sign Carlos and Botman have both failed, however it would set a dangerous precedent moving forward if we agreed to pay whatever clubs demand.

Yes, we have the money, but future deals would only become more difficult if we paid any old asking price, not to mention the fact it would limit other spending due to FFP constrains.

Here's what both Pete Graves and Keith Downie have had to say in the last few moments, confirming the Carlos deal looks to be off: