Wages ended Edgar Davids deal – Milan Mandaric
City announced yesterday they were pulling out of the race to sign the 36-year-old Dutch international.
The club made the decision with Mandaric saying that Davids' representatives increased the amount of money they wanted City to pay the player.
Mandaric also believes there is another club involved.
Mandaric told the Mercury: "We had a good offer on the table and there were further discussions about bonuses and other matters."
Mandaric ran out of patience yesterday morning after nearly two weeks of negotiations.
The chairman set a noon deadline for the 36-year-old to commit his future to City, but there was still nearly an hour to go when he pulled the plug on the deal. That was the third deadline which had not been met since City confirmed their interest on October 20.
Mandaric said: "It's disappointing because we have given this a lot of time and we were in the race for him all the way."
The Mercury made strenuous attempts yesterday to contact Davids' agent, Robert Geerlings, but without success.

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