Sky Sports News understands Manchester City have held talks with Arsenal over the possible signing of striker Emmanuel Adebayor.
Adebayor has been linked with a move away from Arsenal this summer, with a number of European clubs said to be interested in his services.
Sky Sports News' chief news reporter Bryan Swanson has been told by sources that a five-year deal has been proposed, for a transfer fee of £22m, and personal terms of £170,000-a-week.
Sources have told Swanson that Arsenal have agreed to sell the Togo international, whose future looked to be settled after his agent recently stated he would be staying at Emirates Stadium.
The 25-year-old signed for the Gunners from Monaco in 2006 and has scored 62 goals in 142 appearances for the North London club.
Reports have suggested Arsenal manager Arsene Wenger could turn to Bordeaux forward Marouane Chamakh as a replacement for Adebayor.
City have already signed Gareth Barry and Roque Santa Cruz from Aston Villa and Manchester City since the end of last season.
Mark Hughes is also believed to be lining up a swoop for former Manchester United forward Carlos Tevez, while Chelsea captain John Terry is a known target.
Manager Hughes is keen to build a side capable of breaking up the so-called 'big four', and the potential captures of Tevez and Adebayor would demonstrate real intent.
Manchester City and Arsenal have both stated they will not comment on transfer speculation.
Where will Emmanuel Adebayor be playing next season?