Manchester City have informed AS Monaco that they are prepared to spend £94m on Kylian Mbappe, according to reports in France.

The 18-year-old is currently one of the most in-demand youngsters in world football, netting 24 times in 39 appearances for the Ligue 1 club during the 2016-17 campaign.

Earlier this week, Manchester United reportedly had a £72m offer for the teenager rejected by the French top-flight league leaders.

Now, according to Le10 Sport, Man City have verbally told Monaco that they would be prepared to go as high as £94m for Mbappe, which would be a new world-record transfer fee.

Arsenal, Chelsea, Paris Saint-Germain and Real Madrid are also said to be interested in the France international, who has helped his club to the semi-finals of the Champions League.