Manchester City want a straight loan deal if they are to land Douglas Luiz from Juventus this month and hold an interest in team-mate Andrea Cambiaso with a view towards the summer.
Cambiaso withdrew from Juve training on Tuesday due to an ankle injury that has plagued him for over a month, with the full back having been playing with painkilling injections.
City are pessimistic about the prospect of signing the 24-year-old this month but, while not yet tabling an official offer, are keeping an eye on developments in Turin were an initial valuation of around £59million to drop.