Our offer wasn't underpaying. He just believes that he is worth more than De Jong, which he clearly isn't.
Our wages are ridiculous enough as it is, I agree with the board that he wasn't worth more than our offer. Juve went mental on the wages and on commission to Raiola, great for them.
We on the other hand has a wage problem, so we should be more careful, also not to totally wreck the hierarchy in the dressing room by giving him more than Alba/Pique etc. This decision was not arrogance, but very smart and wise. I still blame De Ligt as a player and person for not joining us, but I don't blame the board in this instance (but if the board signs Neymar, then they are truly mental).