Manchester City will make a second attempt to buy Spanish attacking midfielder, Isco, from Real Madrid in the summer, according to the Daily Star.
City, who were close to buying Isco last summer before Madrid swooped in for the midfielder, are prepared to pay up to £30million for the Spaniard's signature.
Pellegrini was keen on bringing his former player to the Etihad last summer, and although personal terms were agreed with Isco, he was persuaded to join Madrid as they offered more money to Malaga.
However, Isco has failed to make any impression at the Bernabeu this season and with Pellegrini ready to go for his former player once again, the ingredients seem to be in the mix for City to finally land their man.
Isco may be even more persuaded after Manchester City's glamour Champions League tie against Barcelona on Tuesday night, with City's owner, Sheikh Mansour, visiting the Etihad for the first time in almost four years.
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