Manchester United and Newcastle face competition in the race to sign Cody Gakpo.

The Netherlands star raised his stock at the World Cup, impressing with his country as they exited in the quarter finals against Argentina.

Gakpo, who plays in the Eredivisie with PSV Eindhoven, was a Man United target in the summer as well.

Per The Mirror, the two Premier League clubs face stiff competition from Real Madrid for Gakpo's signature.

"You have to be realistic. When you talk about Cody Gakpo and the price tag, how many clubs are able to buy a player of that calibre? You are talking about maybe 10 or 12 clubs in Europe," PSV Eindhoven's director of football Marcel Brands told the PSV supporters' club talk show Eeuwig Trouw.

"You have to need a player in that position and be able and willing to spend the money in January, which is normally less hectic than the summer. We have yet to see if it all happens. He has no clause or anything.

"And no amounts have been agreed on either. The agreements that were made were there before my time. Amounts have not been discussed, but if the right club comes that Cody would like to go.

"Those agreements were already made before I came. It must be a record transfer for PSV anyway. Then you know in which direction it should go."