Manchester City are ready to offer £30m to beat rivals Manchester United and Chelsea to Southampton starlet Luke Shaw in the summer, reports Goal.

The Citizens first entered the fray for the Shaw in the January transfer window and have frequently sent scouts to St Mary's to run the rule over the 18-year-old.

They were late to the party as Chelsea and Manchester United had already held a long-term interest in Shaw with David Moyes going as far as to launch a £20m bid for him at turn of the year.

But now Manchester City have held preliminary talks with Southampton, they are increasingly confident of winning the race to sign Shaw and are ready to match the Saints' £30m valuation when the transfer window opens in the summer.

Neither Gael Clichy or Aleksandar Kolarov have convinced Manuel Pellegrini this season and is desperate to sign reinforcements. As Shaw is considered the most exciting prospect of his generation, he fits the bill perfectly for big spending City.

Chelsea had looked to be favourites to land Shaw after it was revealed that the teeanger was a Blues fan as a youngster. His parents are also based a stone's throw away from Chelsea's training ground in Cobham.

City believed that Chelsea are losing interest in Shaw since the emergence of Cesar Azpilicueta as a genuine alternative to Ashley Cole.

That leaves local rivals Manchester United as the only other genuine contender. However, the Old Trafford club are set to miss out on the Champions League and face an uncertain future under Moyes.

Meanwhile Manchester City owner Sheikh Mansour continues to pile money into the club, making it an attractive project to sign up to.

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