Palermo chief admits Renato Augusto interest

Palermo sports director Pantaleo Corvino admits they're in talks with Flamengo for hot prospect Renato Augusto.

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He said: "Renato Augusto is a young Brazilian talent, he's hardly 19 years old, but we have followed him for some time. In our opinion Augusto is very interesting and we know that Flamengo needs to raise money and is thinking about selling him.

"The problem is that we do not have room for another non-European at the moment. But Renato is a great young player and someone we like.

"As far as a price, I have read £17 million. But I expect in reality it would be much, much less."

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