Manchester United and Arsenal target Oliver Burke has joined Bundesliga side Red Bull Leipzig from Nottingham Forest. The versatile forward, who came up through the youth ranks at Forest, became the most expensive Scottish player ever after completing his move for a reported £13m ($17m).

The 19-year-old has started the season in fine form after nailing down a regular place in the first-team last season and had scored three goals in their first four games of the new campaign. The previous record for the most expensive Scottish player was held by Ross McCormack, who moved from Fulham to Aston Villa earlier in the summer for a fee of around £12m.

Burke's exploits this season had attracted interest from a number of clubs across Europe, mainly Bayern Munich, United and Arsenal. But Leipzig have won the race and confirmed the signing on Sunday for the player, who has been dubbed the next Gareth Bale.

"Nottingham Forest winger Oliver Burke has completed a move to German side Red Bull Leipzig for an undisclosed fee," a statement read on Forest's official site.

The Bundesliga club have also confirmed the attacker's arrival on a five-year contract, which will come as a big blow to other European sides chasing his signature. The German club's sporting director Ralf Rangnick was delighted at beating off competition from more established clubs to land Burke, and said Leipzig is the perfect club for the forward to continue his football development.

"He is an outstanding talent with an awful lot of potential. He fits with the high pace and way of playing very well and will make his next sporting development step with us," Rangnick told the Bundesliga club's official site.

Oliver Burke
Oliver Burke (L) scored three goals in his first four games for Nottingham Forest this season before moving to the Bundesliga Getty

"This transfer is important, especially because several top clubs were interested," the sporting director added.