The Daily Star says Real Madrid have lodged a bid for the 24-year-old wing wonder but another offer is on the table from an unidentified club.
United are still interested in the Welshman.
However, they would need to lodge a mega offer of £125m if they are to land him, according to one national newspaper.
The £125m figure would obliterate the transfer record set when Madrid paid £80m for Cristiano Ronaldo in 2009.
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