Southampton value Schneiderlin at over £27 million.
Southampton want in excess of £27 million for their holding midfielder Morgan Schneiderlin, reports the Guardian.
The Saints are reportedly valuing the 24-year old above Luke Shaw, for whom Manchester United paid £27 million recently.
This development comes as a huge blow for Tottenham Hotspur and Arsenal, who were hoping to land the Frenchman for a much lower price as he is believed to be wanting a step up in his career.
Southampton’s management though are adamant not to let Schneiderlin go on the cheap as they have already lost a number of their key players, mainly to Liverpool and Manchester United.
The South Coast club’s new boss Ronald Koeman is believed to have spoken to Schneiderlin over the phone, and is set to meet the French international when he returns to training after his post 2014 World Cup holiday.
It now remains to be seen whether either of Arsenal or Tottenham would be willing to negotiate what looks like a very high fee with the Saints for their ace midfielder.