"Chelsea" and "Tottenham" will compete for a 16.5 million pound sterling-valued 17-year-old. © EuroFootball.com

Next summer, London's "Tottenham" team intends to heavily compete with "Chelsea" club for "Southampton" defender Luke Shaw.

The 17-year-old Englishman plans to sign a new contract with his current team, but that does not deter the giants of the Premier League.

A year ago, the "Blues" tried to acquire the promising player for 4 million pounds, and recently offered 10 million pounds sterling.

However, "Southampton" would like to receive at least 16.5 million pounds sterling - a sum that previously scared off London's "Arsenal" club.