Manchester City are closing in on the signing of Barcelona goalkeeper Victor Valdes, according to the Daily Star.
The 32-year-old was heavily linked with a move to AS Monaco in the summer, having reportedly reached a verbal agreement with the Ligue 1 club.
However, after the deadline passed for Valdes to sign a binding pre-contract with Claudio Ranieri's side, Citizens boss Manuel Pellegrini is now looking to hijack the high-profile free transfer.
The Spain international has made clear his intention to leave Camp Nou upon the expiry of his Barcelona contract this summer, which has prompted Tata Martino to search for a long-term replacement for the veteran stopper.
Valdes's arrival at the Etihad Stadium would put increased pressure on current number one Joe Hart, and almost certainly end Costel Pantilimon's Manchester City career.
When asked about reported interest in Valdes earlier this week, Pellegrini was coy on suggestions that City wanted to sign him.
"He's not in our thoughts right now," said the Chilean coach.
However, with Manchester City and Barcelona currently focused on their Champions League last-16 tie, it would make sense that the 60-year-old simply didn't want to discuss the future of a European opponent.