Sir Alex Ferguson admits he has been monitoring Chile sensation Alexis Sanchez, although Manchester United will reportedly have to fight of Chelsea's advances for his signature.

According to Goal.com, Chelsea are lining up a €22 million swoop for the Udinese attacker but United are also thought to be closely monitoring his progress.

Indeed, Ferguson has admitted he has been keeping tabs on the 21-year-old with a view to bringing him to Old Trafford.

"We have looked at Sanchez and he has impressed us, as have other players," said the United boss, as quoted by talkSPORT. "He has had very good games and is an interesting project."

Sanchez - dubbed 'the next Cristiano Ronaldo' - has allegedly been coveted by the Red Devils for some time and now, according to the Daily Mirror, he has stated his intention to play in England

Sanchez's reported comments succeed those from his agent within the last month - admitting United have been eyeing the youngster for a while.

Fernando Felicevich said: "Manchester United has been following the performances of Alexis since some time ago and it could be a possibility in the future.

"The Premier League would be a good destination for Alexis as he is young, strong and very fast, something very important for being able to have success in that league."

Sanchez has long be earmarked as a star for the future after he was ranked by World Soccer magazine in 2007 as one of the 50 most exciting teenage footballers in the world, alongside the likes of Sergio Aguero and Bojan Krkic.

The tricky winger joined Udinese three years ago and the Italian side have reportedly had to consistently fight off interest for Sanchez - the most notable being a reported €12 million bid from United.

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#Chelsea
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