Manchester City are closing in on a £4 million deal for Atletico Madrid defender Martin Demichelis, according to the Daily Express.
City boss Manuel Pellegrini is desperate to add to his defensive options after captain Vincent Kompany was ruled out for up to four weeks.
Kompany sustained a groin injury in the Citizens' first Premier League game of the season against Newcastle on August 19.
And, now reports have suggested that City will pay Atletico an initial £3.5 million, with a further £500,000 in add-ons for Demichelis.
Demichelis, who only signed for Atletico last summer, has previously worked under Pellegrini at La Liga side Malaga and River Plate.
City will be hoping to improve defensively this weekend after they conceded three goals at newly-promoted Premier League club Cardiff City last weekend.
The Citizens take on another one of the new-boys this weekend as they host Hull City at the Etihad.
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