The Daily Star reports that Ronaldo has told Real Madrid president Florentino Perez that he is unhappy at the club and wants to leave.
City are reportedly prepared to offer the 27-year-old a massive four-year contract.
The former Manchester United star is currently being paid around £250,000 a week in Madrid.
Sources close to the player told the Daily Star: “This is a situation that has been brewing for a long time.”
Ronaldo reportedly has a €1bn buy-out clause in his contract.
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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?