Manchester City are launching a major bid for Inter Milan striker Mario Balotelli.

Corriere dello Sport says City are preparing a £20 million offer for the Italy U21 international.

City boss Roberto Mancini is hopeful he can land the 19-year-old Italian hitman, but in return, the Nerazzurri want Carlos Tevez who is admired by Rafael Benitez.

Balotelli's agent, Mino Raiola, said: "No-one from City has contacted me and I have never spoken with any directors from the English club. If they want Balotelli, they will let me know about it."