Palmeiras forward Endrick‘s release clause is currently much lower than the €60m (£51.5m) that was previously reported, according to journalist Jorge Nicola.

Before the 15-year-old signed his first professional deal, Manchester United were named as one of the Premier League clubs pursuing the player, along with Manchester City, Liverpool and Chelsea.

Endrick’s decision to put pen to paper on a contract with Palmeiras ended hopes that he would be moving to Europe in the near future, especially as it would have taken a sizeable offer to meet his buyout fee.

However, Nicola now claims that the teenager is available for €40m (£34m) during the first year of his contract, which he says:

“Helps to explain the hurry from Barcelona, Real Madrid, PSG and Manchester United [to sign him]”

It is believed that the Red Devils are keen on recruiting a young striker this summer, but considering Endrick hasn’t even made his senior debut yet, it would be a very bold decision to put £34m on the table now. Scouts are likely to be keeping a close eye on his development to see how he fares in Palmeiras’ first-team.