Real Madrid and Florentino Perez are no strangers to spending the big bucks to get what they want. The Spanish giants are reported to have their sights set on Kylian Mbappé and Erling Haaland for the summer transfer season. You can now add a Manchester City player to that list of two players according to reports from Football Insider 247.

Real Madrid is preparing a £75 million offer for a City midfielder who is entering the final two years of his current deal at Manchester City. The player in question has played in 45 matches and scored 13 goals in all competitions and has been with the club since 2015.

The report indicates that near the end of last month, Pep Guardiola would be willing to part with the 26-year-old midfielder if the price were right. Here is the name of Real Madrid's target and his contract broken down and how Real Madrid have been monitoring him.

Real Madrid monitoring Raheem Sterling

Raheem Sterling (Getty)

Raheem Sterling is currently making £300,000-a-week on his current deal and it is set to expire in 2023. Sterling was negotiating with City for a contract extension, but talks have since cooled with the England international going as far as changing agents during the process.

During the last stretch of games Sterling has found himself at a reduced role on the team, not starting in various key matches, including City’s Champions League final clincher against PSG on Tuesday.

Real Madrid on the other hand is set to be making big time moves for either or both Kylian Mbappé and Erling Haaland, both players are said to be worth at least £150 million in the transfer market. Given Madrid’s financial standing it would be strange to see the club buy both players plus Sterling, but it is reported that the Spanish club are very high on Sterling and his pace in midfield.

Sterling is an England international with 61 caps for England and 14 goals, and 113 goals in over 280 appearances for Manchester City where he has won 8 titles.

Up next for Sterling and Manchester City is the inevitable winning of the 2020/2021 Premier League and the UEFA Champions League Final against either Chelsea or his possible future club Real Madrid in late May.