SWANSEA CITY chairman Huw Jenkins values Arsenal and Liverpool target Michu at £30million.

Swans boss Michael Laudrup insisted that the Spaniard was worth £30million only four months into his impressive debut in the Premier League, where he scored 18 times in 35 appearances.

The 27-year-old signed for just £2.2million from Rayo Vallecano, but in light of Michu's call-up to the Spain squad, Jenkins now agrees with Laudrup's valuation.

Jenkins said: "We've seen with Tottenham and Gareth Bale that every player has a price. We are not in that bracket with Tottenham but they sold a top player. We are realistic about that side of things.

"I would say Michael was about right with his valuation of Michu if you look at the current market, but this call-up enhances that further.

"We know we have a very talented player and naturally we want to keep him."

Arsenal were linked with a move for the forward, who has already scored five this term, to strengthen their front line.

It is understood that Arsene Wenger, as well as Liverpool's Brendan Rodgers, continues to monitor his progress, but will have to table a hefty bid to even tempt Swansea to sell.

On hearing of his call-up to the Spain squad, Michu said: "Every Spanish footballer dreams of this and it's so difficult. Few people can wear the shirt of the best team in the world.

"Let's see if fortune is with me and I can play, although I'm already grateful to be called up."

Source: Daily Express