Manchester City are prepared to let Micah Richards leave the Etihad this summer in a cut-price deal which could allow Arsenal, AC Milan or a host of Premier League sides to sign the defender for as little as £4m, according to the Manchester Evening News.
Richards is out of contract and at the end of next season and looks set to leave City in search of regular first-team football elsewhere, after featuring in just two Premier League games since Manuel Pellegrini took charge at the Etihad.
The 25-year-old's career has stuttered thanks to a combination of injuries and indifferent form in recent season, but the MEN believe that Newcastle United and West Ham are both willing to offer him a Premier League lifeline this summer.
City did offer Richards a new contract last summer, but that offer has now been consigned to history and both club and player are ready to move in different directions at the close of the campaign.
The England international has recognised he needs a fresh challenge and City will not stand in his way, significantly lowering his valuation to offer clubs across the continent to take a gamble on the powerful defender, who showed tremendous promise when he first burst on the scene as a teenager.