RIO DE JANEIRO, May 6 (Xinhua) -- Real Madrid are closing in on a deal to sign highly rated Brazilian teenager Vinicius Junior, according to media reports in Brazil.

The Spanish giants have offered Vinicius Junior's club Flamengo 45 million euros to bring the striker to the Bernabeu this European summer, according to Globo Esporte.

The report added that both clubs have already agreed in principal to the move.

Vinicius Junior, who has yet to make his first team debut for Flamengo, is tied to the Rio de Janeiro outfit until 2019 and has a 30 million release clause written into his contract.

The 16-year-old has made 19 appearances for Brazil's national under-17 team and scored 17 goals.

Barcelona, Chelsea and Manchester United have also been linked to the forward.