Alexis Sanchez remains an Udinese player.
Manchester United and Manchester City appeared to have missed out on the Chilean after claims of an agreement with Barcelona.
Udinese president Giampaolo Pozzo insists Sanchez remains the club's player as Barcelona's offer remains well short of the club's asking price.
"Sanchez is still a Udinese player," he told Sky Sport 24 Italia. "I'm sorry about this 'saga'. We wanted to keep him for another year to help us with the UEFA Champions League qualifiers.
"But unfortunately we're not a big club in Europe, so when top clubs put their eyes on our player you cannot do anything. But the right offer has not yet arrived.
"Barcelona's offer is not yet the right price, and everyone knows it: both Barcelona and other big clubs. Between us and Barcelona we are still far away."
