Manchester City are keeping an eye on Isco’s situation at Real Madrid, according to AS.
The 26-year-old, who is in his sixth season at the Bernabeu, has yet to start under new boss Santiago Solari this term.
It has led to a host of top European clubs being put on high alert as they look to hand the Spaniard an exit route at the end of the current campaign.
Sky Blues boss Pep Guardiola is a keen admirer of Isco, and is set to pounce on the playmaker in the summer.
But president Floretnino Perez will not be willing to let the former Malaga man leave for cheap, with reports in the Spanish capital suggesting the club will not accept anything below €100m.
