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Hefty £18m price tag placed on teenager wanted by Manchester United & Manchester City

West Ham United have reportedly slapped an £18m price tag on coveted teenager Reece Oxford.

The youngster burst onto the scene when making his Premier League debut against Arsenal at the beginning of last season, aged only 16, and has enhanced his reputation by taking England to the semi-finals of the European Under-19s Championship this summer.

The Daily Mail claim that Manchester United and Manchester City are both keen on the teenager, but that the Hammers will not entertain any offers of less than £18m.

According to the Daily Mail, newly-promoted Bundesliga club Red Bull Leipzig have already made a £10m offer for Oxford, which was rejected by West Ham co-chairman David Sullivan.

But West Ham’s negotiating position is weakened by Oxford’s refusal to sign a new deal. His current contract has two years remaining but the Daily Mail understands that the two parties are a long way apart when it comes to wages and bonuses, and the Manchester duo are ready to pounce.

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