Newcastle were left frustrated by Sevilla in negotiations for Carlos and had two bids rejected by the Spanish club.
The Magpies ultimately walked away from the talks and felt aggrieved by what they felt Sevilla’s tactics of constantly raising their asking price and shifting the goalposts.
However, Sevilla always insisted that they were not going to sell for less than €50m despite all the speculation.
Monchi admitted that the offer from Newcastle was respectable but given the difficulty of finding a readymade replacement in the winter window, it was not quite good enough.
The Sevilla sporting director told the BBC: “The Newcastle offer has been a good offer, a respectable offer, I have to say that. But the offer, our board, our management team, felt that it wasn’t enough.
“It is true that maybe it wasn’t the right time, it is a difficult market to find a replacement for a player like Diego Carlos and it is a market which takes place over a very short period of time – so maybe if that offer came along or will come along in the summer, well things will have changed.”
Newcastle offered to treble Carlos’ wages but the defender never pushed for a move and Monchi claimed that the Brazilian is more than happy to stay at Sevilla despite the persistence from the Magpies.
“The offer was a very good offer, very respectable, not at the best possible time and Diego Carlos, well I was talking to him this morning and he is happy because at the end of the day he is staying here at his club, a club that really wanted him.
“If he was angry then maybe he would have changed his opinion but no, he seems quite happy.”
