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Southampton have turned down a second bid from Fulham for defender Matt Targett, believed to be in excess of £10m.

Fulham are keen to sign the talented young left-back after he impressed on loan at Craven Cottage last season, but Southampton are now rumoured to be holding out for around £15m. Slavisa Jokanovic is eager to recruit another left back to allow teenage sensation Ryan Sessegnon to continue to play in the left-wing role where he flourished during the second half of last season and Fulham have already failed in attempts to sign Manchester City’s Oleksandr Zinchenko and Swedish international Ludwig Augustinsson from Werder Bremen.

Targett, who formed an excellent understanding with Sessegnon down the Fulham left flank last term, made 21 appearances as the Whites won promotion to the Premier League via the play-offs. Saints boss Mark Hughes was unwilling to allow Targett to leave St. Mary’s earlier in the summer, viewing the Southampton academy graduate as indispensable back-up to England international Ryan Bertrand – but Targett has apparently made it clear that he wants to have the opportunity to play more first-team football this year.

Jokanovic has already signed Maxime Le Marchand, who played most of last season at left back for Nice, but the French defender is more naturally a centre half. It remains to seen whether Fulham will return with an improved offer for Targett, having already spent in excess of £60m since securing their return to the top flight in May.