The Sun reports that only personal terms have to be finalised, with the 23-year-old set to sign a five-year deal worth £120,000-a-week.
New City boss Manuel Pellegrini is keen to bring in the Fiorentina ace to replace Carlos Tevez.
A source close to the Montenegro star told The Sun: “It’s pretty much sorted he’ll go to City.
“They just have to sort his contract. It shouldn’t be a big problem.”
Jovetic has also been strongly linked with the likes of Manchester United and Liverpool.
What is your opinion? Feel free to discuss the article under. You have to comment by using your Facebook profile. Be fair and have respect for other people and opinions!
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.