The Daily Star claims that Manuel Pellegrini - whose current club, Malaga, confirmed that they will let him go this summer - has told Etihad chiefs that he wants Malaga star Isco to head that shortlist.
The Sun backs up the report, with both papers that a deal is all but done for the 21-year-old winger, who has also drawn interest from Real Madrid and Barcelona.
As for the other four players? Real Madrid's Angel di Maria, Sevilla duo Jesus Navas and Geoffrey Kondogbia, and Borussia Dortmund’s £32m-rated winger Marco Reus.
Paper Round's brisk calculations suggest that the total bill for that lot would comfortably top £100 million. But then again, why would Pellegrini move to City if not to start spending money wildly on anyone whose feet aren't nailed to the turf?
The Daily Express chucks another name into the mix: Shakhtar Donetsk's Brazilian star Fernandinho, who has asked his club to soften their stance on holding out for the full £40.5 million value of his release clause.
The Times reports that Pellegrini will only be offered a two-year deal at City, incidentally, though apparently the club are adamant that it's not yet more evidence of their inability to look beyond their ends of their noses. "Short-term deals do not preclude long term planning," is the line in the Times - though on the evidence seen over the past few years, the long term plan is to keep firing managers and throw wild sums of money at players they don't really need, all the while wondering how it can be true that there truly are some things that money can't buy.
Chelsea fans will still be nursing their hangovers this morning after the injury-time winner in the Europa League - those of them who aren't still celebrating that is.
And there could be more new celebrations in the next few days, with the Evening Standard reporting that Frank Lampard's new contract will be confirmed imminently.
"It is believed a compromise has been reached over his wage demands, with a significant reduction on his current £150,000‑a-week salary," the paper reports.
The Daily Mirror reports that Borussia Dortmund are the latest club keen on Aston Villa striker Christian Benteke, thought they suggest that the player would happily use the interest in him as a bargaining chip in his contract negotiations.
And finally, it seems that the identity of Arsenal's big summer sale has been confirmed: Bacary Sagna.
It has become something of a tradition for the Gunners to sell one of their best players each season, something that Arsene Wenger has apparently seen as a necessity to avoid the stresses and strains of competing in the title race, and to avoid fixture congestion by reaching the later stages of various knock-out competitions.
The Sun reports that Sagna is the man, with the player having openly admitted that he wouldn't rule out a move to PSG or Monaco this summer.
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- Manuel Pellegrini
- Real Madrid
- Borussia Dortmund
- Jesus Navas