The Premier League champions have long been linked with the defensive midfielder and while talks were at advanced stage, the two clubs are thought to have been well apart on their valuations.
De Laurentiis has previously claimed that Napoli rejected a £44million bid for Jorginho with it suggested the Serie A giants want closer to £53m to sell the Brazil-born Italian.
That has allowed Chelsea to swoop in and hijack a deal for the 26-year-old and they are said to have stumped City’s offer – although there was a deal in place for Jorginho to go to Manchester.
City had hoped to sign Jorginho as their long-term replacement for Fernandinho but Pep Guardiola looks to have been denied his top target with the player thought to have flown into London on Wednesday to wrap up a move to Chelsea.
Speaking on the situation, Napoli chief De Laurentiis revealed: “These offers did not start from Chelsea, but from Manchester City.
Jorginho seems set to opt for Chelsea over Man City
“As a matter of fact, I will apologize to Khaldoon [Al Mubarak], because I found a deal with Khaldoon 15 days ago.
“He called me, we spoke on the phone and I said, ‘Ok, I don’t agree with you on A, B, C.’
“‘Let’s solve the situation the two of us’, he told me. And we did it, we solved it.
“However, if for personal reasons I won’t get into, the player prefers to live in London rather than in Manchester, I can understand him.
“If Chelsea pay him more, I can understand it too. So I can just apologize to Khaldoon.
Jorginho was said to be close to signing for City earlier this summer
“But it does not depend on me. If Jorginho moves to Chelsea, my agreement with [Roman] Abramovich does not depend on [Maurizio] Sarri becoming their next manager.”
Chelsea and Napoli have been locked in negotiations all summer over ex-boss Sarri, who the Stamford Bridge club have long wanted to appoint to replace Antonio Conte as head coach.
Napoli unveiled ex-Blues boss Carlo Ancelotti as their new manager and Sarri is now finally moving in on a move following a lengthy wrangle over compensation fees.
De Laurentiis added: ”Sarri is close to being new Chelsea manager. My lawyers are in talks with his lawyers to finalise everything.”
Chelsea have yet to make a signing this summer but Aleksandr Golovin and Daniele Rugani are expected to join from CSKA Moscow and Juventus in the coming weeks.