Standard Sport understands Manchester United have made Jadon Sancho their top transfer target this summer as Ole Gunnar Solskjaer looks to shape his squad for next season.
But the financial implications of the coronavirus pandemic could affect their chances of agreeing a deal this summer with Borussia Dortmund, with the Red Devils revealing losses of £28m as a result of Covid-19.
It has been speculated that United could instead move to sign another former Manchester City youth product Rabbi Matondo, who is reportedly seen as a low-cost alternative to Sancho and also plays in the Bundesliga.
But the Wales international, 19, has committed to staying in Gelsenkirchen, adding he wants to focus on breaking into Schalke's team first thinking about a move elsewhere.
"Obviously there are people talking, asking me and stuff but I am not really thinking about it," Matondo told The Manchester Evening News.
"I am concentrating on Schalke. I still have to achieve my goals for Schalke. I am just concentrating on that and we just see how things go, but for now I am just focused on Schalke.
"Hopefully I can get into the team and help them climb up the table.
Matondo played the full 90 minutes as Schalke fell to another heavy defeat, losing 3-0 at home to Augsburg on Saturday - just a week after going down 4-0 in the Revierderby to Dortmund.