The City and England midfielder is joined by new team-mate Ferran Torres, with the Spaniard’s displays at Valencia earning him a place on the list.
The award, exclusively for players under the aged of 21, was conceived and distributed by Italian newspaper Tuttosport, will be concluded on December 14, when the winner will be revealed.
Previous winners, chosen by a panel of 40 journalists, include Mario Balotelli, Lionel Messi and Kylian Mbappe.
Golden Boy 2020 final nominees in full:
Phil Foden - Manchester City
Ferrán Torres - Manchester City
Mitchel Bakker - PSG
Eduardo Camavinga - Rennes
Jonathan David - Lille
Alphonso Davies - Bayern Munich
Sergino Dest - Barcelona
Fábio Silva - Wolverhampton
Ansu Fati - Barcelona
Ryan Gravenberch - Ajax
Mason Greenwood - Manchester United
Erling Haaland - Borussia Dortmund
Callum Hudson-Odoi - Chelsea
Dejan Kulusevski - Juventus
Rodrygo - Real Madrid
Bukayo Saka - Arsenal
Jason Sancho - Borussia Dortmund
Dominik Szoboszlai - Red Bull Salzburg
Sandro Tonali - Milan
Vinícius Junior - Real Madrid