MANCHESTER UNITED are reportedly close to agreeing a deal for Porto defender Alex Telles.

The Red Devils are hoping to provide competition for Luke Shaw with a move for the Brazilian defender.

United recently stepped up their chase for Telles by offering Diogo Dalot plus cash.

However, Porto knocked-back the offer as they have no interest of taking back their former player – who left the club to join United in 2018.

Telles has a release clause of £36.7million in his current contract at the Portuguese giants.

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But Porto are thought to be willing to accept over £10m less in a bid to cash-in while they can – with the 27-year-old out of contract this season.

Telles – who has also attracted interest from Juventus – will therefore be able to negotiate pre-contract terms with European sides from January 1 ahead of a free transfer in July.

And according to Portuguese outlet Correio da Manha, Porto are desperate to recoup as much money from the deal as possible.

That is because Telles' former side Galatasaray will be owed ten per cent of any future transfer.

The one-cap Brazil international's agents Pini Zahavi and Jorge Mendes also stand to make 15 per cent of the cut as well.

Telles is thought to have already agreed a five-year deal worth around £70,000-a-week with United.

Yet SunSport revealed that the Red Devils are also monitoring Ajax’s Nicolas Tagliafico should they fail to strike a fee with Porto.

The Argentine full-back, who was on Leicester’s shortlist as a replacement for Ben Chilwell, is free to leave Ajax this summer for around £23m.

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