Manchester City manager Manuel Pellegrini's patient pursuit of Atletico Madrid central defender Martin Demichelis might finally pay off after the Spanish outfit have reportedly stepped up their interest in Ajax defender, Toby Alderweireld. 

It has been no secret that Pellegrini has been after Demichelis's signature since being appointed manager of City earlier this summer, after the pair enjoyed a successful spell at Malaga together last season. 

But, with Madrid holding out for a transfer fee of around £5million for the 32-year-old Argentine, a fee City are not prepared to meet, it has been a frustrating pursuit for Pellegrini, who is keen to add to his side's defensive options - particularly after seeing his side's frailties at the back in the shock 3-2 defeat to Premier League new-boys Cardiff City on Sunday. 

However, reports from The Telegraph now suggest that a deal could be back on the cards for the ex-Bayern Munich defender after Atletico put a transfer bid in for Alderweireld, who is also believed to be wanted by Premier League trio Liverpool, Everton and Tottenham. 

And although Ajax rejected the bid, the move has encouraged City to play the waiting game once more, with Madrid likely to make a second move for the Belgian international - which if successful, would open the door for Demichelis to make the switch to City.

Demichelis is reportedly keen to join his old manager at the Etihad Stadium, despite only joining Atletico last month and having yet to make his debut for the Los Colchoneros.

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