The current Premier League champions have watched the Spaniard closely for the last two years and are now intensifying their pursuit.
Olmo joined Leipzig in 2020, and his contract expires in 2027, which gives them some negotiating power should discussions advance. City are not short of attacking flair in wide positions but there are doubts over the futures of not only Jack Grealish and Bernardo Silva but also kingpin Kevin De Bruyne.
City could be in the market for a winger due to the possibility of Grealish leaving the club this summer.
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