Real Madrid have announced an agreement to sign highly-rated teenage defender Jesus Vallejo from Real Zaragoza.
Aston Villa have continued their spending spree after securing the services of Rudy Gestede from Blackburn on a five-year contract.
Following last season's title win, this campaign has been something of a disappointment with below-par showings in the Barclays Premier League and Champions League.
That has been enough to spark speculation over the future of the City captain, with Barcelona mooted as a possible destination.
But the 27-year-old told The Sun: "I have no reason to go elsewhere.
"I am happy here, I have five years left and if you knew the plans for this team for the future ... I consider that to be a real objective."