Manchester City are favourites to sign Atletico Madrid winger Martin Petrov.

Tottenham have apparently been tracking the Bulgaria international all summer but Eriksson has made Petrov a target - and the former England boss is now on the verge of landing the 28-year-old, according to the Daily Mirror.

Atletico paid Wolfsburg £8million for Petrov in 2005 and the Spanish side are likely to want a similar fee from City, who are armed with a hefty transfer warchest following Thaksin Shinawatra's takeover.

Petrov has made 43 appearances since moving to La Liga, scoring twice.