Arsenal are preparing a bid for highly-rated Millwall playmaker Fred Onyedinma.

The Daily Star claims Arsene Wenger has set his sights on the 16-year-old, but faces competition from Premier League rivals Manchester City and Liverpool for the signature.

Indeed, the paper goes on to claim that all three clubs sent scouts to watch the player during Onyedinma’s last outing against Brighton, with the attacking midfielder scoring twice in his last four games for his side’s U21 outfit.

And, despite training with Kenny Jackett’s first-team, the teenager is yet to sign his first professional contract with the Lions, leaving the door open to England’s top clubs in a cut-price deal.

The paper claims a compensation fee would be in the region of £200,000, putting the Npower Championship side in danger of failing to cash-in on such an outstanding prospect.

Arsenal have a track record of bringing top young talent to the Emirates Stadium, with Carl Jenkinson and Alex Oxlade-Chamberlain two players to move to north London from the Football League.

The Gunners also have one of the best academies in the country.

Manchester City, meanwhile, have become known for their big-spending tendencies on global superstars at the Etihad Stadium.

However, their link to Onyedinma suggests Citizens boss Roberto Mancini is starting to look closer to home as he builds for the future.

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