Alejandro Garnacho has refused to sign a new contract with Manchester United despite interest from Real Madrid and Juventus.

Garnacho is having a breakout season at Manchester United, with two goals and five assists in 15 appearances across all competitions.

According to The Independent, Manchester United has offered the 18-year-old, who is thought to be earning £7,000 per week, a new £20,000-per-week contract.

However, the winger refused, and his agent stated that this was insufficient and did not reflect his growing importance on the team.

The young Argentine has been a regular for Manchester United under Erik ten Hag, but he remɑins one of the club’s lowest-paid players.

Garnacho is the second-lowest paid employee, just ahead of Anthony Elanga on £5,500 per week. Hannibal Mejbi, who is on loan at Birmingham, earns nearly double his £13,000 weekly salary.

As a result, Juventus and Real Madrid are interested in Garnacho, who has 18 months left on his current deal with United and has yet to receive any specific offers from suitors.

Juve are looking to bolster their squad after a disappointing season that saw them drop to third place in Serie A.

Meanwhile, Real Madrid wants to build a new team around the next generation of players, and he is seen as an intriguing addition to join Vinicius Junior and Rodrigo up front.

Manchester United has recently taken a new approach to young player wages. The Manchester giants want to send the message that money will follow if the players consistently perform to the required standards. However, the Red Devils insist that talks with Garnacho’s representatives are going well.

The striker’s profile has risen significantly, particularly following his impressive performance against Manchester City on Saturday. In the second half, the teenager came on as a substitute and assisted Marcus Rashford in scoring an impressive comeback victory.