Ten Premier League players and three other Britons are on the 100-man list for the Golden Boy award.
Manchester United, Liverpool and Wolves all have two players on the long list which will be dwindled down each month.
The winner will be decided by a mix of votes on the website of organisers Tuttosport and a range of European journalists.
Among the favourites this year will be Real Madrid midfielder Eduardo Camavinga, Barcelona's Gavi, Bayern Munich's Jamal Musiala and England midfielder Jude Bellingham, of Borussia Dortmund.
The Premier League candidates are: Amad Diallo, Anthony Elanga (both Man Utd), Harvey Elliott, Fabio Carvalho (both Liverpool), Fabio Silva, Ki-Jana Hoever (both Wolves), Yan Couto (Man City), Joe Gelhardt (Leeds), Kacper Kozlowski (Brighton) and Pape Matar Sarr (Tottenham).