Real Madrid 'tracking highly-rated Brazilian youngster'

Real Madrid are reportedly keeping a close eye on the development of Palmeiras youngster Gabriel Veron.

The 18-year-old has been in impressive form for his Brazilian club this season, scoring eight times and registering three assists in 24 appearances in all competitions.

Veron only recently signed a new long-term contract with Palmeiras, but the youngster's form has allegedly attracted the attention of a number of European clubs.

According to TodoFichajes, Madrid have been scouting Veron this season, and the Spanish champions have been impressed by his development.

The report, though, claims that Arsenal, Manchester City, Juventus and AC Milan are also keeping a close eye on the former Brazil Under-17 international ahead of potential approaches.

Veron, who largely operates as a right-sided attacker, is said to be valued by his current side at €25m (£23m).