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Lyon has set a minimum price tag of €60 million ($71 million) for Malick Fofana, amid interest from a host of top clubs.

Lyon's financial difficulties, which led to the club being demoted to Ligue 2 last month, mean that it is being forced to sell its best players, with Rayan Cherki having already moved on, to Manchester City.

Exciting young winger Fofana could be the next player to leave, but signing him will not be cheap, and it seems unlikely that Liverpool would commit such a large sum of money to a winger when the Reds' priorities are a new center-back and a new striker.

Despite that, The Independent reports that Liverpool, Arsenal, Chelsea, Nottingham Forest and Fulham are all interested in Fofana, as are Bayern Munich, RB Leipzig and Napoli.

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Lyon is hoping that the interest from several clubs will develop into a bidding war, as it needs to raise as much money as possible to deal with its financial problems.

Transfer guru Fabrizio Romano reported on Tuesday that Forest had agreed a fee with Lyon for Fofana, but he added that the player had not agreed to move to Forest and would possibly hold out for a move to a Champions League club.

Fofana made 41 appearances for Lyon this season, and despite a good chunk of those coming as a substitute, he still managed to score 11 goals and register six assists.

Who is Malick Fofana.

Malick Fofana of Lyon

Fofana has received high praise for his quality since moving to Lyon, with ex-Lyon manager Pierre Sage, who was replaced midway through last season, saying: "He's a player who's at the very high level in his mentality, but he will have to string together these sorts of matches, then he will have a very, very good future."

Sage also said of Fofana: "He's quick, he's skilful, and he's not afraid to take risks

He's already made a big impression on the team, and I'm sure he'll continue to improve and develop in the years to come."

Former teammate Cherki, meanwhile, said of Fofana: "I like everything about him, he's good, kind, not very handsome (laughs) but who cares

He said: "When I started as a coach of the youth team at Gent, I quickly knew that Malick was the greatest talent I ever trained," Ferrera said
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