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PSG offer teenage midfielder Edouard Michut his first professional contract in bid to ward off interest from Manchester City and Barcelona

Manchester City and Barcelona are set to miss out on highly-rated Paris Saint-Germain midfielder Edouard Michut with the French club having offered the 17-year-old a professional contract.

The youngster has been labelled the 'new Marco Verratti' after impressing at youth level for the French giants and the two clubs have kept an eye on him for a long time.

PSG have been in negotiations with the Michut for more than two weeks and are confident they can tie him down to his first senior deal.

PSG have offered teenage midfielder Edouard Michut his first professional contract

The Ligue 1 champions are offering the him a three-year contract with the player regarded as one of the biggest prospects in the club's youth setup.