Manchester City are closing on a deal for Velez Sarsfield youngster Maximo Perrone.

Sport says City have pulled out of talks for Benfica midfielder Enzo Fernandez to focus on Perrone.

The 19 year-old's contract carries an €8m buyout clause, which City are happy to meet.

Talks have been ongoing for some months and Perrone is on track to move to City after the January market.

Perrone will feature for Argentina in the U20 South American championships next month before moving to England.