Manchester United face fierce competition from Premier League rivals in the pursuit of €120m-rated Portuguese wonderkid

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According to Record, Manchester United face fierce competition from crosstown rivals Manchester City in the race to sign Benfica wonderkid Joao Neves at the end of the season.

The youngster is currently one of the most-sought young midfielders in European football, and he has been impressive since his breakthrough with the Dragons last season.

The 19-year-old is already attracting interests from elite clubs, notably Manchester United and Manchester City.

Currently, the player has a release clause worth €120m on his existing contract.

It remains to be seen if the United hierarchy will sanction such huge outlay on an unproven player.