Real Madrid have reportedly refused to splash out £130 million for the transfer of Jude Bellingham, despite two Premier League clubs being willing to pay the hefty fee.
The 17-year-old midfielder has been one of the most sought-after players in Europe this summer, with a host of top clubs vying for his signature.
Real Madrid were believed to be leading the race for the Birmingham City starlet, but according to reports, they have now pulled out of the running due to the hefty price tag.
The Spanish giants are said to have baulked at the £130 million fee, which would have made Bellingham the most expensive teenager in history.
However, two Premier League clubs are still willing to pay the hefty fee for the England Under-21 international.
Manchester United and Chelsea are both said to be keen on signing Bellingham, and are willing to pay the £130 million asking price.
United have been long-term admirers of Bellingham, and are believed to be the frontrunners for his signature.
The Red Devils have already signed Donny van de Beek from Ajax this summer, but are still keen to add more midfielders to their squad.
Chelsea, meanwhile, are also in the hunt for Bellingham, and are said to be willing to pay the £130 million fee.
The Blues have already signed Hakim Ziyech and Timo Werner this summer, and are now looking to add Bellingham to their ranks.
It remains to be seen which club Bellingham will choose, but it looks like Real Madrid have pulled out of the running due to the hefty price tag.
The Spanish giants are said to be unwilling to pay the £130 million fee, leaving two Premier League clubs to battle it out for the England Under-21 international.