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Forward Memphis Depay (Netherlands), midfielder Paul Pogba and defender Raphael Varane (both France) are nominated for the Hyundai Best Young Player Award.
FIFA said that the accolade continues the tradition of officially recognising the positive impact made by young footballers, and is open to all participating players born on or after 1 January 1993.
The winner will be selected by the FIFA’s Technical Study Group and unveiled after the World Cup Final.