Manchester City are ready to deal in veteran defender Martin Demichelis.

City boss Manuel Pellegrini hopes that Demichelis will stay at the Etihad Stadium.

He said: "We will see, in the next days maybe he can renew his contract.

"I think Martin is a very important player for our squad, he is an experienced player, he is a leader of our group.

"He wants to stay. Probably, he will sign another contract."