Man Utd and Man City learn exactly how much they will have to spend to sign Benfica wonderkid Joao Neves

Manchester United and Manchester City have learnt the asking price to sign Benfica wonderkid Joao Neves.

The 19-year-old midfielder burst on to the scene towards the end of last season, replacing Chelsea-bound Enzo Fernandez in the centre of Benfica's midfield.

Neves has been ever-present for the Portuguese giants this season, and produced player of the match displays in their last two matches - victories over Chaves and fierce rivals Sporting Lisbon.

His display in the latter fixture caught the attention of many across Europe, and City star Bernardo Silva, as well as United captain Bruno Fernandes, were asked about the 19-year-old while on international duty with Portugal.

Speaking to local media (via B24PT), Silva stated: "If I can, I'll make a move for Joao Neves to go to Man City instead of Man United, of course."

Fernandes, meanwhile, said: "I'd love to have [Neves] by my side, because he has quality and will have a bright future."

Now, both Manchester clubs have learnt how much they would need to splash out in order to sign the Portugal wonderkid - and it is bad news.

Benfica, it appears, are opening up for a scenario similar to the one that saw Fernandez eventually complete his protracted move to Chelsea - release clause or nothing.

According to Fabrizio Romano, Neves' current release clause stands at €120 million (around £105 million), and Benfica do not want to settle for a lower price.

He posted on X (Twitter): "Benfica have no intention to open talks for Joao Neves in January despite Man United sending their scouts many times to track talented midfielder.

"There's same clause as Enzo Fernandez one year ago into his contract: €120 million."

If both Manchester clubs do have genuine interest in the midfielder, therefore, it appears they will need to stump up the cash.