Sevilla have warned Manchester City that they will have to pay the full asking price if they are to sign striker Alvaro Negredo before the start of the new season.
Negredo, 27, is believed to be one of City’s top transfer targets this summer, with Manuel Pellegrini confirming that finding a new striker is a priority for the Premier League runners-up after selling Carlos Tevez to Juventus at the start of the transfer window.
However, Sevilla president Jose Maria del Nido has warned the English club that it will take a big offer to prise away the Spain international, who scored 25 goals in the top-flight last season.
“With Negredo there has been progress but we are far from reaching an agreement,” Del Nido said. “Sevilla have put a valuation on Negredo and either Sevilla are paid what they're asking for or he stays for another three years.
“I'm not saying the price that's been put on him. The ideal thing would be that he remains in Sevilla and renews for another two years.''
Sevilla are heading to South America later this week for a pre-season tour and Del Nido says the striker will almost certainly be involved.
“There's no possibility that he won't get on the plane for the tour, save for things being close (on a transfer) and that's not the case,'' he said. “Right now, Negredo has the same has the same chance as (coach Unai) Emery and (goalkeeper) Beto and of travelling to South America.''
He added: “We are in no hurry. We are in a better situation than a month ago and we've shown that with the signings that we've made.”
Information from the Press Association was used in this report.