City boss Roberto Mancini is keen to bring in the Everton left-back and tried to sign him last year.
Everton are forced to sell players in order for manager David Moyes to have money to spend in the summer transfer window.
City are ready to offer £10million in cash plus two players for the 26-year-old.
Emmanuel Adebayor and Nedum Onuoha are among the players that could join the Toffees, according to The Sun.
