Arsenal and Man City Set to Agree £47.5m Deal For 24-year-old Defender

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Manchester City manager Pep Guardiola is ready to sanction the sale of England international centre-back John Stones this summer, with Arsenal and Liverpool among the clubs thought to be in the hunt for his signature, according to the reports.

Former Everton defender has found himself further falling down the pecking order at Etihad Stadium after the arrival of Spanish defender Aymeric Laporte during the January transfer window, having already been behind Nicolas Otamendi and Vincent Kompany.

Man City splurged £47.5million on the centre-half two years ago and would expect to recoup all of that fee with a sale. However, former Barcelona manager Guardiola is reluctantly willing to let the player leave the club for their direct Premier League rivals.

While he has talked up the 24-year-old regularly, Spanish manager does not believe Stones has progressed enough to secure the starting spot in his squad for the upcoming season.

And While Stones is keen to leave in search of first-team football, Arsenal and Liverpool are both on a lookout for a new defender in order to strengthen their backline.

With English centre-back commanding £100,000-a-week, he may be out of their price range. The Merseyside Reds do have money to spend after Coutinho’s £145m transfer to Barcelona in January, and Jurgen Klopp is believed to be a fan of former Everton star.