The Spanish wonderkid is one of Europe’s hottest talents and has a £17 million release clause in his contract.
City are rumoured to be interested in signing the player, who is sure to have a host of suitors after him when he finally leaves La Rosaleda.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.