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Grealish is believed to be one of City's top transfer targets and it comes as no surprise, too, especially given his glowing form for both club and country.
The Citizens, who are widely known for their eye-watering spending, are also interested in England captain Harry Kane after reportedly bidding £100m for the Tottenham Hotspur wantaway striker on Monday afternoon.
And as City ramp up their pursuit for Kane, Grealish could very well be next on their list - but the 25-year-old has only recently signed a five-year deal keeping him at Villa Park until 2025.
As a result of his sizzling form, City boss Pep Guardiola has spoken of his admiration for Grealish, but admitted that the club might not be able to afford him.
"He's incredible, a top player," the Spaniard said, speaking after a game between City and Villa in October.
"I'm happy he stayed in the Championship to defend his club when he could have gone.
"He's a talented player who always creates something. An exceptional player, but too expensive for Manchester City."
And having already made an opening £100m bid for Kane, speculation remains if they will add Grealish to their star-studded squad.
But even with City's ridiculous wealth, it may be too tough for City to land both players this summer. Only time will tell, though.
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