Manchester United chief executive David Gill has revealed for the first time that the club were interested in signing Damien Duff before he left Blackburn Rovers for Chelsea.
There was plenty of speculation regarding the Republic of Ireland winger and a move to Old Trafford, which gathered pace as the player had seemed particularly interested in a switch to Manchester.
However, Gill has confirmed that United were priced out of a move for Duff by Chelsea's bid to sign the 24-year-old.
"That's exactly right," Gill told Sky Sports News. "The club didn't blow it (the Ronaldinho and Duff deals).
"It takes three people, the buying party, the selling party and the player.
"Ronaldinho, yes, we had numerous discussions with him and PSG but felt, in the end, whilst we made great offers to both parties, he was happy to go to Barcelona where he had friends and colleagues.
"There's similarities with Duff. There was interest but we felt the price paid by Chelsea and the player's terms wasn't the right deal for Manchester United.
"Clearly it was right for Chelsea, but not for Manchester United."
Gill confirmed that talks are ongoing with manager Sir Alex Ferguson over prolonging his illustrious managerial stint with The Red Devils.
"We are in discussions over an extension," he added. "Both parties want to do it and we'll see where it takes us.
"The important thing is he's one of the best, if not the best, managers in European football. We're delighted to have him and he is really enthusiastic and really driving on."