Barcelona midfielder Pedri has won the Golden Boy 2021 award following a break-out season in which he established himself in the Catalan club's starting XI, made it to the semi-finals with Spain in the Euros and won a silver medal at the Tokyo 2020 Olympics.
Pedri, 18, beat England and Borussia Dortmund midfielder Jude Bellingham to the award, which is organised by Italian newspaper Tuttosport, by a record 199 points.
He played more minutes than any other Barca player last season, but has not played since September because of a thigh injury.
The award, voted for by journalists, is made to the best under-21 player playing in a European country's top division.
Borussia Dortmund forward Erling Haaland won in 2020. Previous winners include Wayne Rooney, Lionel Messi, Sergio Aguero and Kylian Mbappe.
However, they also include Anderson, Renato Sanches and Alexandrer Pato.
Born in Tenerife in 2002, Pedri burst on the scene this year and is widely regarded as one of the most promising rising stars in the sport with a technical ability and vision beyond his years.
He recently renewed his contract with Barcelona, an agreement that included a record EUR1 bn ($A1.6 bn) release clause. He joined Barcelona from Las Palmas for an estimated EUR5m ($A7.8m) in 2020.
Australian Associated Press