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Manchester United transfer news and rumours today: Red Devils prepare £50m bid for Rasmus Hojlund

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Manchester United are preparing a bid for Atalanta striker Rasmus Hojlund and will look to sign the striker for a transfer fee of around £50m, according to the Telegraph.

The 20-year-old Dane is now a priority for the Red Devils this summer transfer window, and is preferred to Eintracht Frankfurt striker Randal Kolo Muani, largely down to latter’s steep price-tag. The Red Devils are also working under a strict budget due to financial fair play regulations and the ongoing takeover saga.