And that could mean bad news for Joe Hart.
The Daily Star Sunday says the Spanish keeper, 31, is quitting Barca next year and is wanted by Monaco.
But City are now ready to rival the French club.
If City manager Manuel Pellegrini lands Valdes for instance, there could be no way back for Hart, 26.
And the Barca keeper has added appeal as he will leave the Catalan club as a free agent when his contract runs out.
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