Norwich City have slapped a £12m price tag on Southampton target Jacob Murphy.
It was reported earlier this week that Southampton, West Brom, Crystal Palace and Swansea were all interested in a move for the winger.
The original article claimed Norwich wanted £7m but that is believed to be far off the mark.
According to the Chronicle, Newcastle have joined the race and Norwich are looking for £12m to sanction any move.
Murphy was Norwich’s top scoring midfielder last season – with ten goals – in his first season of Championship football.
He was an unexpected breakthrough star at the start of the season, with many thinking that his twin brother – Josh – was going to break into the team ahead of him.
Instead, Jacob scored on the opening day of the season with a cracking long-range strike against Blackburn and never looked back.
Murphy still has four years to go on his deal and is only 22-years-old. Norwich hold all the cards at this time.
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