Southampton will signal their determination to hold on to Morgan Schneiderlin by telling his suitors, who are headed by Tottenham Hotspur and Arsenal, that he would cost them in excess of the £27m that Manchester United paid for Luke Shaw.

Ronald Koeman, the new Southampton manager, will meet Schneiderlin for the first time on Monday, when the France defensive midfielder reports for pre-season training, having been on leave since the World Cup finals. Koeman has spoken to Schneiderlin on the phone but when he sees him, he will stress how fundamental the player is to be to the project at St Mary’s.

Koeman wants the centre-halves in his 4-3-3 formation to be able to step out of defence with the ball at their feet and so Schneiderlin’s ability to tuck in will be crucial. Southampton have already sold Shaw to United; Adam Lallana and Rickie Lambert to Liverpool for a combined £29.5m and Dejan Lovren is also poised to move to Anfield. Southampton will receive £20m for a player that cost them £8.5m last summer from Lyon.

They have no need or intention to sell Schneiderlin and, if bids were to be submitted, they hope that their valuation of the 24-year-old would serve as a deterrent.

Southampton accept that they got over the odds for Shaw, the 19-year-old England left-back, but they believe that Schneiderlin is more valuable, given the position he plays; his status as a France World Cup player at an age when he is primed to fulfil his potential and the fact that the statistics marked him as one of the Premier League’s top holding midfielders last season.