Manchester City boss Mark Hughes has a valuation of Blackburn striker Roque Santa Cruz and he is not prepared to pay any more for the Paraguayan international. "Most of our business had been done by the day before, so there were a few phone calls in regard to our players which we had to look at, but any business that we were going to do had already been done," Hughes told the club's official website.

"The situation was that Blackburn were not prepared to sell their player. Their stance was that they did not have anybody to come in, they had apparently been trying to replace him but could not so there was no deal to be done.

"If we had offered more money to a certain level it would have been done, which would have negated their argument to a certain extent, but we were not going to do that. We said all along that we had values for players, and we were not going above them.

"They retained their player, and they were well within their rights to do that. We wanted to bring a good player to Manchester City, our motivation in trying to do the deal was that we thought he could help us. But it has not happened, so we move on."