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Transfer news: Monaco set to rival Galatasaray for Nemanja Vidic signature

Serbian defender rumored to be on his way out at Old Trafford

Big-spending French side Monaco are reportedly set to join Galatasaray in the battle to sign Manchester United defender Nemanja Vidic on a free transfer this summer.

According to the player's agent Silvano Martino, it appears certain that the Serbian centre-back will leave Old Trafford when his contract runs out at the end of this season.

'At the moment, I would rule out an extension with Manchester United,' said Martina.

'Vidic, given his contract situation, has several teams looking at him. For the time being we remain calm.'

According to press reports over the weekend, Galatasaray are set to offer Vidic a four year deal worth around £3.4m a season in a bid to lure him to Turkey.

However now it is understood that Monaco are also in the hunt for the Serbian defender and are confident that they have the financial clout to lure him to Ligue 1.

Roberto Mancini, the Galatasaray manager, yesterday ruled out making a January move for Vidic who is cup tied for this season's Champions League.

However he did talk up the Serbian defender's qualities: "Every manager would want a player as experienced as him on their team. He is the type of player who can really make a difference."