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Arsenal vs. Chelsea - Community Shield

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Stuttgart hit out at City over young goalkeeper

Stuttgart have hit out at Manchester City after they admitted defeat in their bid to keep Loris Karius at the club.

The Germany Under 16 international is one of the most highly-rated young goalkeepers in Europe and the 15-year-old was offered terms to remain at The Mercedes Benz Arena but has now agreed terms with City.

His agent Klaus Gerster confirmed that a deal has been agreed. "Loris signed a three-year contract in Manchester last week," Gerster told Stuttgarter Nachrichten. "We had many offers from England and Germany - 70 percent of Premier League sides wanted Loris.

"Loris has great talent - if he didn't, there wouldn't have been such massive interest in him - but football is all about performances."

Stuttgart have been left far from happy and admitted they would not have paid Karius the amount he will get at Eastlands.

"There was an exorbitant amount of money involved," Stuttgart's youth coordinator Thomas Allbeck revealed. "On the one hand we cannot afford this and we are also unwilling to keep up with this.

"That amount of money was well out of proportion.

"All the sporting and educational aspects will not matter when a young player has got it made financially in just a few years time."

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