According to The Athletic’s David Ornstein, City have agreed a £116M deal for Anderson, close to the £125M spent by Liverpool on Alexander Isak last summer in what was a British transfer record.
The Nottingham Forest midfielder is expected to undergo a medical in New York on Friday morning in what is a fast moving deal which will worry last season’s title rivals Arsenal.
As the deal enters completion, Bent has called for the Gunners to sign Scott who he predicts will be less than half the price.
“Elliot Anderson for £120m or Alex Scott for £60m, I’m taking Alex Scott all day, every day. There’s no way on the planet that Elliot Anderson is £60m better than Alex Scott, he’s just not,” Bent told talkSPORT.
“‘I like Elliot Anderson, I think he’s a top player but for that money, £120 million is crazy. He’s been decent (at the World Cup) but not £120m. Alex Scott for £60m, I promise you now if I had the choice.
In a separate show he stated: “This is where transfer fees are crazy. Elliot Anderson is brilliant but I’m saying he’s not £40m better than Alex Scott.
“He has had a wonderful season but I always think it’s that next level. Going to play for Arsenal or Manchester United, when you’re in the Champions League and all these different various competitions, the expectation goes through the roof.”
Scott had a breakout season at the Vitality Stadium and almost made it into England's World Cup squad before being snubbed by Thomas Tuchel.
Bournemouth value Scott at around £80M, a figure which may dismay Arteta this summer as he rebuilds his side ahead of his title defence.