Manchester City are closing in on their third summer signing as they look to finalise a deal with Malaga for playmaker Isco, according to the Daily Mail.

The former Premier League champions are looking to hire ex-Malaga manager Manuel Pellegrini and it is reported that he wants to bring several players from the Spanish league with him.

City have already signed Sevilla's Jesus Navas for an initial £14.9m and Shakhtar Donetsk's Fernandinho for £34m as the side look to win back the title from fierce-rivals Manchester United, who eventually ran away with the 2012/13 Premier League title.

It is understood that City are very confident that they can strike a deal with the Spanish club and also the player and they expect the deal to be done and dusted within the next two weeks.

The 21-year-old Spaniard has been in sensational form in La Liga and has attracted a lot of attention from bigger clubs in the Spanish side and also a whole host of Premier League clubs, but it looks like City will be the team he favours.

It is reported that City are prepared to spend up to £30m for Isco which would take their summer spending up to a whopping £86m already.

Isco actually has a £30m buy-out clause in his contract, so if Man City were to offer £30m to Malaga, they would have to accept the bid.

The player has taken to Twitter recently to express his feelings about UEFA banning Malaga because of their financial failures.

Isco tweeted: "It is embarrassing and shabby. It is completely unfair that they have treated Malaga different than many other teams with many more irregularities and debts.

"They have taken away what we have earned on the field. Neither the players nor fans deserve this. I have no more to say."


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