Man City are preparing a bid for Monaco star Thomas Lemar, according to reports.
Liverpool saw a £90million offer for the France international rejected last year while Arsenal are also interested.
But the Telegraph reports that City will deal a huge blow to their Premier League title rivals by entering the race for his signature.
City are expected to go ahead with plans to sign Shakhtar Donetsk midfielder Fred in the summer.
Moves for Alexis Sanchez and Riyad Mahrez both fell through in January.
Etihad manager Pep Guardiola is keen on signing a new forward who can attack from the flank.
Lemar, 22, has two years left on his Monaco deal and is likely to leave at the end of the season.
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City landed left-back Ben Mendy from the Ligue 1 champions for £52m in the summer.
Lemar has struggled to recreate the form which saw him catch the eye of Europe’s elite last term.
He has scored five goals in all competitions for club and country but just two in Ligue 1.
Guardiola revealed plans to sign two more players in the summer.
He said: “Of course we buy a lot of players and they have helped us a lot and next summer is to buy one or two players more.
“So our market in the summer will be cheaper. If you want to compete at a high level of competitions you need the good players, and the good players make good managers, good clubs.”