Championship side Fulham could be set for a massive loss with the news that 16-year-old Harvey Elliott has rejected a new deal with the club.

The teenager, who became the youngest Premier League player ever last season, has reportedly backed out of a new deal, according to the Sun on Sunday.

This move could now pave the way for both Real Madrid and Barcelona to make their move for the youngster, with both Spanish giants being well aware of the talent Elliott possesses.

Elliott's stance will be a bitter blow to the Cottagers, who had been hoping to keep hold of their better young players this summer with a host of first-team stars set to leave the club over the summer following last season's relegation from the top flight.

The 16-year-old was given his debut by manager Scott Parker against Wolves, meaning any English club will have to pay millions in compensation to land the teenager. However, according to the report today from the Sun, Spanish clubs can snap up Elliott for as little as £200,000, something which has perked the interest of Madrid and Barca.

The Cottagers look like losing the likes of Ryan Sessegon this summer, so the loss of Elliott would be another set-back for the club as they look to rebuild.

The Verdict

I just don't understand it, and I don't think I ever will with these young players at times.

Why would you leave Fulham when the manager is clearly going to give you the chance next season to showcase your abilities? I just don't understand.

Sure the lure of Madrid and Barcelona is massive, but they don't exactly have the best record in blooding through English youngsters.

I just think this will be a waste for Elliott, and he really needs to consider what he's doing.