After losing out on Alexis Sanchez, Manchester City is pursuing a £40 million ($55.7 million) transfer for Fred of Shakhtar Donetsk.
Fred would give City competition at holding midfield with Fernandinho. Yaya Toure will likely leave City in the summer.
"We need to change the squad and of course what happened last summer everything increased amazingly," manager Pep Guardiola said ahead of Saturday's victory over Newcastle United. "You have to adapt to that. I think the price in the summer time will be higher than this winter."
Fred would like to join City.