Argentina central defender will now discuss personal terms with City.
Manchester City have agreed a fee with La Liga outfit Atletico de Madrid to sign experienced defender Martin Demichelis this summer, according to reports on Goal.com.
The big-spending Premier League side have been scouring the Continent of late looking to add defensive reinforcements at the back at Eastlands this season following the recent injury picked up by skipper Vincent Kompany.
The Belgium international sustained a calf injury against Newcastle United in the club’s opening Premier League game of the new season earlier this month, and is likely to be out of action for as long as four weeks.
And with Montenegro international Matija Nastasic also currently sidelined with an ankle injury picked up in Hong Kong during preseason, new City head coach Manuel Pellegrini was forced to partner centre-back Joleon Lescott with Javi Garcia at the back at Cardiff City on Sunday, in what was the Chilean’s first defeat since replacing Roberto Mancini in the City dugout earlier this summer.
As a result, Pellegrini has been targeting Atletico’s Argentina international, who only moved to the Vincente Calderon last month on a free transfer from Malaga on a one-year deal.
But City have agreed in principle to pay the Spaniards an initial 4.1m euros for the 32-year-old, who will shortly also discuss personal terms with the club over his move to the north west.