Monga, 16, has been heavily linked with several Premier League clubs following Leicester’s shock relegation to League One.
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Arsenal are the most advanced in their interest for the winger, but Brentford are also said to be keen on a move.
According to BBC Sport, Man City, who are long time admirers of the youngster, have now entered the race for Monga.
The report adds that Leicester are looking for a fee of around £10 million for Monga, who turns 17 this month meaning his scholarship contract will turn into a professional one.