Middlesbrough have missed out on Paris Saint-Germain forward Jese Rodriguez after he chose to go back to Spain to play for his old club Las Palmas for less money, according to the club's president Miguel Ramirez.

Middlesbrough agreed terms with the French champions last week but the player did not want to play in England, insisting that he be allowed to go back to La Liga and play for his hometown side.

The Gran Canaria club wanted the former Real Madrid striker but only if PSG continued paying around three-quarters of his wages until the end of the season.

Jese Rodriguez has chosen to take a pay cut and move to Las Palmas over Middlesbrough

This was at first unacceptable to PSG and appeared to put Boro in the driving seat but Jese dug his heels in and in the end the Ligue 1 side agreed to let him join Las Palmas until the end of the season, with the player taking a pay cut.

Ramirez said: 'He comes to us losing a lot of money but he has preferred to have things this way so he can play for us.

'We are now at the limit of our budget. Our objective was to bring Jese and it has been possible. The operation is almost completely finalised. There is complete agreement.'

The player is now due to be presented to Las Palmas supporters on Tuesday. The club face Valencia on Monday night and still have an outside chance of making the European places this season.

Boro had hoped Aitor Karanka would be able to convince Rodriguez to move to Teesside

PSG hope that back in Spain Jese will start showing the form that made them sign him last summer for £17.9million.

That will then open the door to selling him at the end of the season after he failed to adapt to life in France.

Boro were hopeful that manager Aitor Karanka's links with Jese would see him pick Teeside ahead of Gran Canaria.

But despite knowing Karanka from both the Spain Under 16s and Real Madrid, the pull to go home was too strong.