Lautaro Martinez of Racing Club confirmed he has received interest from Real Madrid and Valencia.

Martinez's €8 million release clause is too expensive for Real Madrid, who had hoped to take him on loan initially. 

Earlier this month, Racing president Victor Blanco said they would not be against loaning the player, but the deal must include "an option to buy for a high price."

"It is true that I received a rough draft of an offer from Real Madrid to play a year on loan, with an option to buy," Martinez told Marca. "But my buy-out clause was a bit high at €8 million. If they really want me, they'll have to pay that amount as Racing won't accept anything less.

"I'm constantly talking with the president of my club and I know that my coach is counting on me for the season.

"At this moment, I'd like to learn more here before making the move to Europe. I got to Racing in 2014 and I'm still getting used to playing in the first division. For now, Racing remain the priority.

"I know nothing from Atletico but Valencia, after signing Rodrigo de Paul in the past, have been trying to buy three Racing youngsters: Fernando Valenzuela, Braian Mansilla, and myself."