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Sat 16 Jun 2012 11:36 AM

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Qatar's PSG fails with world record bid for Silva

Paris St Germain has $58m bid for Brazilian defender Thiago Silva rejected by AC Milan

Qatar's PSG fails with world record bid for Silva
Thiago Silva of AC Milan during a training session at Al Rashid Stadium in Dubai in December 2011. (Getty Images)

Qatar-owned Paris St Germain has been foiled in an attempt to break the world transfer record for a defender after having a bid for Thiago Silva rejected.

AC Milan turned down the $58m bid for the Brazilian earlier this week, the Italian club's president Silvio Berlusconi said.

"They made us a very interesting offer, around 46 million euros ($58.07m)," Berlusconi told the Sportitalia television channel.

"We had a look at the possibility and we looked at central defenders that could replace Thiago Silva but we agreed they would have been an inadequate replacement," he added in comments published by Reuters.

The world record fee for a defender remains the $51.62m) Manchester United paid Leeds United for England centre half Rio Ferdinand in 2002.

PSG became one of the richest clubs in the world last year when the Qatar Investment Authority bought a 70 percent stake.

PSG finished the French season in second place on Sunday, three points behind unheralded Montpellier who had a 33 million euro ($41.98m) budget - tiny compared to the Parisians' 140m outlay.

That budget will increase to 200 million euros next season, but for coach Carlo Ancelotti - who guided big-spending Chelsea to an FA Cup and Premier League double in 2010 - time, not more money, is the key ingredient for success.

"We must look for continuity. There will be no revolution," added Ancelotti last month, who took over from Antoine Kombouare last December when PSG were top of the table.

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