Manchester City are launching a bid for Crystal Palace whiz Victor Moses this week.

The Daily Mail says Brian Marwood, the Eastlands football administrator, held initial talks over a potential move for Moses last week but was taken aback by the club's £5million valuation.

But Marwood wants to hold a second round of talks with Palace this week and will head down to Selhurst Park on Saturday to run the rule over Moses when Palace take on Bristol City in the Championship.

The south Londoners have only received a bid of £1.5m from West Bromwich and doubts remain whether prospective suitors including Everton, Liverpool and Birmingham, will match the cash-strapped Eagles' valuation.

But Palace chairman Simon Jordan is determined not to let a player he rates as one of the best teenagers in the world leave cheaply.

Jordan has used Aston Villa's signing of Fabian Delph of Leeds - which was understood to be in the region of £5m - as the benchmark for Moses' price tag.