Manchester City are running out of patience with Real Madrid with their approach in the transfer of Isco.
According to the report from Spanish publication Sport, meeting between Manchester City CEO Ferran Soriano traveled to Madrid to meet Los Blancos General manager José Ángel Sánchez to carry out discussions on the matter.
The pair is said to have met at a restaurant near the Santiago Bernabeu, and Soriano has put forward a proposal as an ultimatum. The proposal on offer is in the region of a €40m bid, which equals the bid which PSG has put forward for Isco.
Isco is reportedly unhappy at Real Madrid after finding first team opportunities limited in a squad filled with too many players who can play in his position. He wants to boost his chance of selection for Euro 2016 finals and is looking to leave in January in search of regular first team football.
Manuel Pellegrini is a huge fan of the Spanish international after having managed him during his time with Malaga and had made him the first priority when the Chilean moved to the Etihad stadium.
But Real Madrid do not want to let one of their brightest prospects leave and are trying to delay any potential deals until next summer.
Manchester City now waits on the wings with the uncertainty whether the deal is feasible before the transfer window shut down in February 2016.
Besides City, the likes of Arsenal is also heavily linked with the player with report suggesting that Arsene Wenger is an admirer of the 23-year old play-maker.
On the other hand, Real Madrid are also forced to resist heavy interests from various European giants for full-back Dani Carvajal. Meanwhile, other speculations suggest that the young attacker Jese is looking for January exit with Chelsea and Arsenal joining the race.
Another Los Blancos player who is speculated towards an exit from the club with Rafa Benitez in charge is James Rodriguez as Chelsea, Manchester United and PSG emerge as front-runners for his signature.