The La Liga duo are expected to go after the Manchester United target next year.
As per reports, the La Liga duo could go after the Borussia Dortmund star, who is likely to stay in Germany for another season.
Man Utd look to be having a hitch in the pursuit of Sancho as Dortmund are not willing to sell him for no less than £100m.
In return, The Red Devils, who appear as the only serious contenders for the English teenager, are willing to spend only £80m.
Furthermore, Sancho has insisted that he is happy continuing at Signal Iduna Park. The 20-year-old has extended his contract with Die Borussen until 2023.
Amidst this, Barca and Real are expected to scupper the hopes of Man Utd in the pursuit of Sancho.
The La Liga heavyweights, who are renowned for signing superstars, had registered their interest in Sancho months ago.
The Blaugrana former star Xavi, who is a possible candidate to succeed Quique Setien, had stated that he would like to have a player like Sancho under his tutelage.
Los Blancos appear to be in the market for attacking reinforcements as the latest interest in Paulo Dybala testifies it.
It will be interesting to see what’s next for the Three Lions international while being on the radar of Europe’s elites.