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Young Benfica midfielder Joao Felix, valued at more than £50m, is reportedly a summer transfer target for Paris Saint-Germain and Manchester City.

Manchester City have joined Paris Saint-Germain in the race to sign Joao Felix from Benfica, according to a report.

The creative midfielder has stood out for the Portuguese side's B team this season to attract interest from the heavyweight clubs.

PSG are rumoured to have been watching the 18-year-old up close, while French outlet Telefoot claims that Man City may also make an approach in the summer.

Felix is said to be valued at around £53m, which may prove problematic for the big-spending Parisians if they are hit by Financial Fair Play sanctions.

Arsenal have also previously been linked with the Benfica academy product, who has been capped four times by Portugal Under-21s.

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