The veteran England defender's contract at City is running down this season.
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Transfer expert Fabrizio Romano posted on X: He said: “John Stones, expected to leave Manchester City in the summer as free agent.
“31 year old defender wants to help until the end of the season and then expected to go after making history at MCFC.
“Bernardo (Silva) and Stones, both leaving in June.”
A return to Everton has been mooted for Stones.