Atletico Madrid, Demichelis, MAN City,

Desperate to shore up his defence, after having two bids rejected by Real Madrid for Portuguese defender Pepe, Manchester City manager has now turned his attention to Atletico Madrid’s Martin Demichelis.

Pellegrini knows the 32-year-old well after playing for him while he was the manager at Malaga.

Atletico are asking £5 million for the defender, with City’s director of football Txiki Begiristain telling them that they need to lower their price, or City will look elsewhere.

City are desperate to sign a defender with captain Vincent Kompany out for at least a month with a groin injury, and would like to have Demichelis on board before they play Hull City at the weekend.