Arsenal and Everton are interested in signing the exciting Ajax winger David Neres who is expected to cost at least €40million (£34.5m) this summer.

Manchester United and Chelsea are also monitoring the pacey, skilful Brazilian winger who scored an outstanding goal in his club’s 1-1 draw against Juventus in the first leg of their Champions League quarter-final on Wednesday evening.

Telegraph Sport understands Arsenal and Everton have already held talks over the 22-year-old forward while a bid from Borussia Dortmund, who are aware of the huge interest in England international Jadon Sancho, was rejected in January by Ajax.

Other big European clubs are also considering making a move which may create a more competitive market for his signature. Neres has a contract at Ajax until 2022 but, with the progress he is making and the attention he is gaining, is expected to leave this summer.

Even though there are four Premier League clubs interested in him it remains to be seen whether he ends up in England.