Juventus are pulling out of the race for Kalvin Phillips due to money issues, giving Premier League suitors a huge boost.

Juventus are out of the question of signing Kalvin Phillips from Manchester City.

The Italian giants wanted the England midfielder — who is also a Newcastle target — on loan and for City to continue paying most of his wages.

But they said packages to sign Phillips or Tottenham star Pierre-Emile Hojbjerg were too expensive.

Juve coach Cristiano Giuntoli said: “We don’t see any opportunity from a technical or monetary point of view.

“We’re all for the right opportunities and we don’t see any at the moment. “

Phillips, 28, will bolster his Euro 2024 hopes and Toon needs him for the rest of the season but is reluctant to pay significant loan fees.

Reportedly, the city won’t find it easy £5 million to let Phillips leave this month.

They also need legal liability to buy him for around £40m, the payment they paid to sign Phillips from Leeds 18 months ago.

There are several other Premier League sides interested in Phillips though.

Crystal Palace and Fulham are huge admirers of the England ace.

And SunSport has exclusively revealed that Manchester United could make an offer at the end of the season.

It is possible that Phillips will still be rescued on loan this month through French club Paris Saint-Germain.

But City would possibly have to scale back their demands to get him off the books.

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