Manchester City will get another chance to sign Real Madrid midfielder Isco this summer in a £30million deal, reports the Daily Star.
The 21-year-old has grown increasingly frustrated at his lack of first-team football in Spain this season, and could push for a move away from the Santiago Bernabeu.
Citizens boss Manuel Pellegrini tried to bring Isco to the Etihad Stadium with him when he left Malaga at the end of the 2012/13 campaign, but was thwarted in his attempts when Real Madrid hijacked the prospective deal.
However, it appears that Carlo Ancelotti is now willing to let the Spain international leave the club, just 12 months after signing a five-year contract in a €30million deal.
Manchester City will face competition from AC Milan for Isco's signature, but it's understood that the talented youngster would seriously consider a move to the Premier League, in order to be reunited with former manager Pellegrini.
Real Madrid might look to negotiate a move for long-term target Sergio Aguero, as part of a player-plus-cash deal, however City are unlikely to be willing to part with the Argentine striker.