Reports have claimed that Balotelli's demands for a salary of £180,000 a week have placed the transfer in jeopardy ahead of the start of the season.
However, the Italian's representative Mino Raiola has brushed off the speculation and is optimistic that a deal can eventually be reached for Balotelli to join City.
"It's not true what has been written by the British tabloids," Raiola told Sky Italia. "I would be preoccupied for the next five years of my life if I responded to such things in the tabloids.
"These voices are annoying Mario and he would like to respond, but it's not the time.
"We have no problems either with City or with Inter. At the table all three parties must be happy, we have made an important step forward.
"Mario has never asked for anything, he doesn't live for the money, but his passion is playing football.
"There is still something to find for an agreement between us and City, but I am confident there are only details. Manchester City remains the priority for us, but we also have other offers which we will evaluate carefully.
"Who? I can just say they come from both Italy and abroad."