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Man City edge closer to Demichelis agreement with Atletico Madrid

Manchester City are close to settling terms with Atletico Madrid for Martin Demichelis.

Atletico have been demanding €5.5 million for the Argentine defender after throwing out a bid of €3.5 million from City last week.

TMW says City have moved to reach a compromise by raising their offer to €5 million this week.

City boss Manuel Pellegrini, who worked with Demichelis at Malaga, has been personally driving negotiations from their end of the table.

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