Chelsea and Tottenham Hotspur target Willian has been the subject of a £34million bid from Manchester City.
According to the Daily Star, Manuel Pellegrini sanctioned a big money move for the Anzhi Makhachkala playmaker, who is being tracked by Jose Mourinho and Andre Villas-Boas.
The report claims the bid was rejected but Manchester City are ready to go back in with an improved offer to land the 25-year-old.
Tottenham manager Villas-Boas reportedly tried to sign Willian last summer and built up a friendship with the Brazilian, but was beaten to his signature by Anzhi with a £30million deal.
Meanwhile, the Daily Star report suggests Chelsea will also be interested in rivalling Manchester City for his signature.
Anzhi are reportedly ready to sell all of their biggest stars after a poor start to the season convinced billionaire owner Suleyman Kerimov has decided to rein in spending at the Dagestan club.
He has decided to switch the club’s strategy to producing young talent rather than spending huge amounts of big stars after a failure to succeed as he had hoped.
Willian joins the likes of Samuel Eto’o, Lassana Diarra and Yuri Zhirkov as being possible targets for Europe’s biggest clubs.