Tottenham Hotspur have had a £38.6m bid for Portuguese wonderkid Gedson Fernandes rejected by Benfica.
Fernades graduated from the Lisbon-based side's B team last summer, and he has gone on to make 44 appearances across competitions, collecting three goals and six assists.
Impressed by the 20-year-old's incredible progress, according to Portuguese outlet CM Journal, the Premier League outfit submitted a bid worth €45m (£38.6m) to the Liga NOS champions.
However, it is understood the Eagles have rejected this offer, with the figure deemed below the club's evaluation of the precocious playmaker. As of yet, it is unknown whether Mauricio Pochettino's side will be lodging an increased bid this summer in response to this rejection.