I am posting lot today (I am aware) but this is for educational purposes. This is not a game of Monopoly, or Football manager. Facts are the PL are in a very strong financial position, pandemic inclusive. European clubs are basically skint! When clubs like ours come in for one of their players, they turn giddy, thinking their lotto numbers have come in. They then try to negotiate replacements. Agents hear about it, and add a few digits with selling club.
Selling club try to past that unto buying club. Buying club threatens to walk away. They engage with another selling club, and more importantly agree a fee. Agent:s hear about it, they do not want to miss their gravy. Original selling club of preferred player starts to panic. Wants to invite other bids. None come in! What do you think they try next? There is your answer.