Real Madrid are in advanced talks with Borussia Dortmund to sign England midfielder Jude Bellingham for more than 100m euros.
The 19-year-old, who joined Dortmund from Birmingham City in July 2020, was one of England's top performers at last year's World Cup.
Real are willing to pay around 100m euros for Bellingham but Dortmund are understood to want 150m euros.
Bellingham has been linked with some of Europe's top sides.
Real are confident the midfielder - who has turned down a contract offer to stay at Dortmund - wants to join them but Manchester City are still interested too.
Last month, Liverpool dropped out of the race to sign Bellingham this summer because of the cost involved. Speaking at the time Liverpool manager Jurgen Klopp said the club's interest in Bellingham was like a "child wanting a Ferrari for Christmas".
After the World Cup Klopp had described him as "exceptional".
When Bellingham left Birmingham for Dortmund for £25m, becoming the most expensive 17-year-old in the history of football, the Championship side were mocked by some for retiring the teenager's shirt number, despite him only playing one full season of professional football.
He excelled at Dortmund and in October last year he made history by becoming the club's youngest captain aged 19.
Bellingham has played 40 times for his club this season - scoring 11 goals and registering seven assists.