Manchester City are reluctant to pay Paris Saint-Germain's £40m asking price for goalkeeper Gianluigi Donnarumma.

Man City working on Donnarumma dealAlready signed a goalie this summerUnwilling to meet asking priceFollow GOAL on WhatsApp! 🟢📱WHAT HAPPENED?

According to , City have no intention of forking out the €50 million (£43.2m/$58.3m) they were initially quoted by PSG to sign Donnarumma. Pep Guardiola is thought to be keen on the Italy goalkeeper, who played a key role in Les Parisiens' Champions League triumph last season, even though his side have already brought in James Trafford from Burnley.

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While City aren't prepared to spend so much on a player whose contract expires in under a year, they could be persuaded to up their bid if they can secure a fee for long-time shot-stopper Ederson, who wasn't named in the matchday squad for the 4-0 victory over Wolves on Saturday. However, they are struggling to get a satisfactory offer out of reported suitors Galatasaray.

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City's local rivals Manchester United were previously touted as potential suitors for Donnarumma, though it quickly emerged that the Red Devils aren't looking for a new goalkeeper during the final few weeks of the season despite major doubts looming over the abilities of Andre Onana and Altay Bayindir.

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Having been brutally replaced by Lucas Chevalier at PSG, Donnarumma remains determined to seal an exit from Parc des Princes this summer. With only a couple of weeks left in the summer transfer window, it remains to be seen which club will offer him an escape route.