Borussia Dortmund have reportedly warned Manchester United and Real Madrid that Jadon Sancho will not be available to sign for a cut-price fee this summer.
The England international is one of the most sought-after players in world football after notching double figures for goals and assists in back-to-back Bundesliga seasons.
United and Madrid are widely considered to be the sides leading the race for Sancho, while Liverpool and Chelsea have also been tipped to make a move.
The coronavirus pandemic has forced clubs to closely monitor their finances, but the Evening Standard suggests that Dortmund have no intention of lowering Sancho's valuation.
In fact, it is claimed that BVB are under no obligation to sell and may use the growing interest in the 20-year-old to raise his valuation to around the £120m mark.
Sancho recently dropped a hint that Old Trafford is his preferred destination ahead of the next transfer window.
