Borussia Dortmund have told Barcelona that they will not consider selling Ousmane Dembele for less than €150 million (£135 million).

Dortmund’s chief executive Hans-Joachim Watzke indicated earlier this week that they would reject an opening bid worth around €100 million.

Barcelona is searching for a replacement for Neymar.

Dembele would like a move to Barcelona but knows he may need to stay with Dortmund for another season.

Dembele's former club Rennes are also believed to have a sell-on clause which would mean they are due up to €30m of any transfer fee received.