Porto are launching a bid for Red Star Belgrade starlet Luka Jovic.

In March, Jovic impressed scouts from Tottenham and Ajax playing for Serbia U19 at an international tournament in Holland.

Record says Porto have already tabled a €5 million bid for 50 per cent of the 17 year-old's registration.

Porto coach Julen Lopetegui knows all about Jovic, having come across the young Serb while coach of Portugal U19.

Atletico Madrid have already failed with a €2.5 million offer for Jovic, who can play on the wing and also as a second striker.