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Manchester City Transfer News: Latest Rumours on Fred and Jean Michael Seri

Manchester City will reportedly step up their interest in Shakhtar Donetsk midfielder Fred, having told the Ukrainian club they are willing to pay £45 million for the midfielder.

According to James Robson of the Manchester Evening News, that amount is less than what Shakhtar value the Brazilian at, although the interest from City makes clear the fact they want to sign the 24-year-old.

City manager Pep Guardiola reportedly views Fred as "a long-term successor for Fernandinho." The intensified pursuit is said to be due to interest from Manchester United in the player.