Manchester City are close to pulling of a swoop to snatch Valencia defender Nicolas Otamendi from under the nose of Manchester United.
The Argentinian international is keen on a move to the Premier League and it had initially seemed as though he could be on his way to Manchester United, who are on the lookout for a new central defender.
However it now appears their cross-city rivals are leading the race for his signature. According to the Daily Mail talks between both parties are at an advanced stage and a deal worth around £28.5 million could be completed soon.
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However the deal is complicated somewhat by the fact that Valencia still owe Manchester City money for taking striker Alvaro Negredo last year, with talks underway over using Otamendi to pay off the balance.
Previously it was claimed that Valencia wouldn't let their prize asset leave for anything less than his £35 million release clause, which was said to be holding up his move to Manchester United.
Manchester City could now let young defender Equilium Mangala leave on loan in order to gain more experience, with Roma a potential destination. He could also join Valencia as part of the Otamendi deal.
The deal leaves Manchester United on the lookout for another central defender target having failed to land Sergio Ramos from Real Madrid. Everton's John Stones has been suggested as a potential option but Chelsea look to be leading the race for his signature.
So far the Red Devils don't appear to have been hindered by their lack of defensive options having picked up two wins from two games - the same as Manchester City following their 3-0 win against Chelsea yesterday.