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Real Madrid and Barcelona are battling to secure the signature of the highly rated youngster, who is reportedly considering leaving Manchester United despite the club’s efforts to retain him.
The 16-year-old has attracted significant interest from Spain, with both La Liga giants determined to win the race for his signature.
According to Spanish outlet SPORT, as reported by Madrid Universal, Gabriel is currently in Barcelona while awaiting the next development in negotiations over his future.
Real Madrid are understood to be slightly ahead in the race, but Barcelona have now made a significant move to strengthen their position.
Barcelona president Joan Laporta and the club’s hierarchy have reportedly submitted a formal proposal to Gabriel’s representatives.
The offer is said to include a three-year contract, an annual salary of €2 million and additional bonuses.
However, Real Madrid are reportedly prepared to improve on those terms as they attempt to convince the teenager to choose the Spanish capital over Barcelona.
The report suggests Madrid could be willing to offer a package exceeding €10 million, although the precise structure of that figure remains unclear.
Gabriel’s future has become a major talking point as Manchester United attempt to keep one of their most promising young talents.
The English club have reportedly threatened legal action if he joins another side, while the youngster’s age and contractual circumstances remain central to the situation.
With other interested clubs seemingly dropping out of the race, Barcelona have emerged as Madrid’s main competition.
The coming weeks could prove decisive as both Spanish giants attempt to convince Gabriel that their sporting projects and financial offers represent the best next step in his career.