Antonio Conte admits Chelsea failed to sign Alexis Sanchez as they could not compete with the wages on offer from Manchester United, reports the Metro.
Sanchez, 29, completed his move to Old Trafford on Monday in a deal which saw Henrikh Mkhitaryan join Arsenal.
Chelsea were rumoured to be in the running for the Chilean’s signature, but Conte has refuted the claims.
‘We never were in this race. Ever,’ admitted the Chelsea manager.
‘Especially because, I repeat, one of the reasons was this amount of salary.
Only one or two clubs can pay this type of salary. Also, if you want a player, you are faced with this reality.
‘Now it’s not simple to think about doing this [finishing above United or City] because these big teams continue to improve and invest a lot of money.
‘Then if you continue to have this type of gap, it’s not only here in England, these two big clubs can become seriously dangerous for other teams in the world.
‘These two teams are very strong already and want to invest.
‘I think when you go in the transfer market you have to know that, if you want the best, you have to spend a lot of money. Otherwise you have to go in the middle and spend £20-30 million.’