Clarets boss Owen Coyle is chasing England U21 international Adam Johnson, but might lose out on the Middlesbrough man to Real Madrid.

A substantial bid is being prepared by the Lancashire outfit to try and land the hot prospect who is destined for a move away from The Riverside following Middlesbrough's relegation to The Championship last season.

According to reports, Coyle is ready to smash Burnley's record transfer fee with an offer thought to be in the region of £3million for the livewire wideman. 'Boro however are understood to be holding out for a fee of £5million.

The wantaway Johnson has already refused to sign a new deal with Gareth Southgate's men and is ambitious, eyeing a move to a top-flight club.

But in a shock twist, the Turf Moor outfit might have to forget signing the starlet as Real Madrid are reportedly interested in him also. The speculation drew comment from 21-year-old who revealed that he was both flattered and slightly confused at reports linking him with the Galacticos.

“I’m obviously honoured to have been linked with a team like Real Madrid.

Even to just be linked with them is unbelievable for me," he told The People.

The Sunderland-born player said that he didn't really think the interest was genuine, even when those close to him reported the possible move to him.

“I’m obviously honoured to have been linked with a team like Real Madrid. Even to just be linked with them is unbelievable for me.

He has made over 70 appearances for 'Boro, and has had spells at Watford and Leeds on loan, but now looks set for a big money move away from The Riverside.