Leeds United and West Ham will have to pay somewhere in the region of £300,000 to complete the signing of Ipswich Town defender Elkan Baggott, a report from Football Insider has claimed.

It was recently reported by the same outlet that both those Premier League clubs were interested in a move for the Indonesia Under 19 international, after he rejected the offer of a new contract with Ipswich.

Now it seems as though the top-flight duo have discovered just how much it will cost them to sign Baggott, if they are to do so during the current transfer window.

According to this latest update, the two clubs have been told they would have to pay Ipswich between £150,000 and £300,000 in compensation for the signing of Baggott this month.

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It is thought that both clubs have held preliminary talks over a possible move for the 18-year-old, as they continue to explore a possible deal.

Baggott's only senior appearance to date came in Ipswich's 2-0 win over Gillingham during the group stages of the EFL Trophy earlier this season.

The Verdict

You do feel as though this price tag for Baggott is something Leeds and West Ham should both be looking to take advantage of.

The centre back is clearly a player with a great of potential, who could become a key asset for one of these sides at some point in the future.

As a result, the fact he is available for this sort of price - which ought to be affordable for either Leeds or West Ham, does represent a big opportunity for one of these two clubs to get him on the cheap.

With that in mind, you feel both should be moving quickly in an attempt to get this signing completed, before another clubs beats them to it.