Reds quoted price of €50 million for Bailey

Bayer Leverkusen have slapped a €50 million price-tag on Leon Bailey, a player reportedly being watched by Liverpool. 

The Mirror claim that the Bundesliga outfit have valued their star-man at such a figure, as interest persists from numerous other clubs.

A Bailey move to the Premier League has been rumoured for some time, with Chelsea also said to be keeping a close eye on the 20-year-old phenom.

The Blues had picked out Bailey as a possible replacement for Willian, should the Brazilian negotiate his way out of Stamford Bridge before the transfer window shuts on Thursday.

Making 34 appearances in all competitions last year, Leverkusen will be desperate to hold on to the Jamaican-born forward.

Should the former Genk sensation force a switch before the 11th hour chimes on Thursday night however, the German club are poised to cash in on one of the most heavily-fancied youngsters in world football.