Bayern Munich have been dealt a blow in their pursuit of Arsenal and Manchester City target Matthijs de Ligt, with Ajax demanding £50 million for the defender.

The Mirror reports that Bayern Munich are due to scout the player over the weekend but are unlikely to be able to match the spending powers of the Premier League sides.

De Ligt is widely regarded as one of the best young defenders in Europe, becoming the latest name to come through the highly-regarded Ajax academy.

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Arsenal have been heavily linked with a move for the youngster in recent weeks, but now City appear to be leading the way.

Pep Guardiola is desperate for his side to target quality over quantity in the transfer market this summer, with de Ligt earmarked as a potential signing.

Arsenal could be boosted in the hope that regular game time would be more likely at the Emirates when compared to Manchester City.