Man City have identified a replacement for Alvarez who is being hunted by another top EPL club

Julian Alvarez's departure from Manchester City to Atlético Madrid was only a matter of time. But now the Citizens are looking for a new forward. And here the interests of the reigning champion of England converged with another top Premier League club.

According to teamTALK, Manchester City are targeting the signing of Wolverhampton forward Pedro Neto, who is also interested in Tottenham and Arsenal. The Wolves camp have admitted that they will not be able to be at the barrier if the Portuguese receives an offer from a top club.

It remains unknown how much Manchester City are prepared to offer for the 24-year-old forward, but it is thought that a sum in the region of £60million could finally persuade Wolverhampton to say goodbye to Neto.

This information is likely to come as a blow to the North London clubs who are also keeping tabs on the forward. But he is far from being the only one on Manchester City's lists.