Manchester City are tracking Wolves midfielder Ruben Neves.
The Sunday Times says City have been told they must pay a Premier League-record £110million to land Wolves star Neves.
Pep Guardiola's side will have to fork out around £20m more than neighbours Manchester United paid for a then world-record Paul Pogba in 2016.
The Etihad side are in the market for a new midfielder after two of their summer targets joined other clubs.
Fred went to United and Jorginho joined old boss Maurizio Sarri at Chelsea.
City are said to retain a strong interest in 21-year-old Portuguese sensation Neves, who Nuno Espirito Santo's side paid around £14m for in July last year.
Wolves, owned by Chinese investors, are said to have rebuffed two approaches for Neves during the summer.