Manchester City have reportedly offered Benfica wonderkid Joao Felix a contract worth just over £26million as they look to snap him up this summer.

Felix is one of the most in-demand prospects in world football after a breakthrough campaign with Benfica saw him score 20 goals and contribute 11 assists for the Portuguese giants.

Both City and Manchester United are targeting the 19-year-old forward but are yet to meet his €120million (£105m) release clause. 

However, according to Portuguese outlet Record, City have offered Felix staggering terms in a bid to bring him to the Etihad Stadium this summer.

It is claimed the Premier League champions are willing to pay him €30m (£26.6m) spread over five years.

Benfica president Luis Filipe Vieira believes the only way the club will be able to keep hold of Felix next season is if they sell him with a view to loaning him back.