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Article continues belowArticle continues belowArticle continues below<script type="application/json" data-placement="fcplayer-semantic">{"type":"fcplayer-semantic","data":{"embedCode":"//cdn.fcp.codes/embed-code-template/embed-code-template.js#SEMANTIC_5704afb8-c10b-4ba5-9cb4-d7fb6098ef90"}}</script><ul><li>Neves in talks over extending stay</li><li>Man Utd interested in midfielder</li><li>Release clause could rise to €150m (£130m/$166m)</li></ul>

Huge blow for Man Utd! Joao Neves price tag set to reach €150m as Benfica push ahead with contract extension talks that could force Erik ten Hag to look for alternative transfer targets

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Premier League

Ipswich

Neves has emerged as a target for United in recent months and reports earlier this week suggested Benfica would not accept anything less than his release clause to let him go, which currently stands at €100m (£87m/$110m). However, <a href="https://www.ojogo.pt/1083882444/benfica-e-joao-neves-ja-negoceiam-renovacao-do-contrato/" target="_blank">O Jogo</a> reports that extension talks are ongoing, having begun last month, and his release clause could rise to £130m ($166m). A deal at that price would make him the most expensive player in Premier League history.

WHAT HAPPENED?

Neves is just 19 but has already made 45 senior appearances for Benfica, and has also won three caps for Portugal. Per <a href="https://twitter.com/fabrizioromano/status/1724534325746749519?s=46&amp;t=djRnSupH5XVzIJUDjFKLeA" target="_blank">Fabrizio Romano</a>, United have been scouting Neves since November, but head coach Erik ten Hag may be forced to look into alternative targets if he does commit to fresh terms with Benfica, as his release clause would almost certainly prove prohibitive.

THE BIGGER PICTURE

Neves has essentially operated as the replacement for Enzo Fernandez since the Argentina international's massive-money departure to Chelsea. He only signed his first professional contract in 2020 and is now seemingly on the verge of a lucrative move himself, hence Benfica's desperation to keep him.

DID YOU KNOW?

O Jogo's report claims that Neves' new contract could be announced soon, potentially before the January window opens, thus extinguishing any potential rumours. He is due back in domestic action with Benfica against Famalicao on December 29.

WHAT NEXT?

Huge blow for Man Utd! Joao Neves price tag set to reach €150m as Benfica push ahead with contract extension talks that could force Erik ten Hag to look for alternative transfer targets | Goal.com

Manchester United have been dealt a major blow ahead of the January transfer window, with negotiations underway to extend Joao Neves&apos; Benfica deal.