Manchester City still chasing United target William Carvalho

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Manchester City are set to join local rivals Manchester United in the race to sign William Carvalho from Sporting Lisbon, reports Goal.

Reports emerged on Sunday morning that Manchester United had agreed to meet the 21-year-old's £37m release clause and would sign him before the World Cup gets underway on June 12. Carvalho was set to become the first of a number of major additions to arrive at Old Trafford this summer.

However, no firm agreement is in place and Manchester City are set to offer Carvalho an alternative to working under David Moyes. Unlike at Old Trafford, the Etihad is likely to play host to Champions League football next season and a more realistic chance of silverware as well.

Manuel Pellegrini is an admirer of the defensive midfielder and has dispatched scouts to watch him play in Portugal several times this month. They know United already hold an advanced interest in the player, but Manchester City have now registered their own interest with Sporting Lisbon.

City’s director of football Txiki Begiristain has been told by the Portuguese outfit that they are willing to accept a fee of £32.5m for the player, which goes against reports that Manchester United will pay the full £37m.

The extra money won't worry David Moyes, however, who has reportedly been given as much as £180m to spend on reinforcements this summer. With City struggling to fall in line with Uefa's financial fair play laws, they may not be able to compete with Manchester Untied on a financial front this summer.

Before moving for Carvalho, Pellegrini will focus on his main transfer targets Eliaquim Mangala and Fernando. While Pellegrini would love to add Carvalho to his line-up the Citizens remain well stocked in midfield while the defence remains fragile.

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