Manchester City could raise more than £200m from player sales this summer

Manchester City could raise more than £200m from player sales this summer as Pep Guardiola looks to bolster his squad for another Premier League title defence.

City have already signed Erling Haaland in a £51m move from Borussia Dortmund and Guardiola has set his sights on further signings in the summer window.

According to The Telegraph, City are set to pursue a move for Leeds midfielder Kalvin Phillips, who is valued at £60m.

City view Phillips as an ideal replacement for Fernandinho, who left City at the end of the season after nearly a decade at the Etihad.

City are also interested in Brighton left-back Marc Cucurella, although the Seagulls are thought to want around £50m for the Spaniard.

To fund those potential transfers, City are willing to let a number of senior players leave the club and could raise more than £200m from sales this summer.

Gabriel Jesus is expected to depart, with Arsenal and Tottenham both interested in the striker, who is valued at £50m.

City are considering a move for England international Kalvin Phillips (Image: PA)

Like Jesus, Raheem Sterling has just 12 months remaining his contract with City and is reportedly ready to leave the club.

Chelsea, Real Madrid and Barcelona are all interested in the England international, who could cost as much as £60m.

Spain right back Pedro Porro has already joined Sporting Lisbon for £7m after spending two seasons on loan at the Portuguese club.

Meanwhile, Southampton are hoping to sign Republic of Ireland goalkeeper Gavin Bazunu from City in a deal worth up to £15m.

According to the report, City could also sell Venezuela midfielder Yangel Herrera and England U20 forward Morgan Rogers this summer.

Herrera spent last season on loan at Espanyol, while Rogers helped Bournemouth achieve promotion to the Premier League. Selling both players could earn City an extra £20m.

The potential departures of Jesus, Sterling, Bazunu, Herrera and Rogers, when combined with the £55m earned from selling Ferran Torres to Barcelona in January, could bring in as much as £207m to City's coffers.

The club would also consider selling Oleksandr Zinchenko, Nathan Ake or Ilkay Gundogan should a suitable offer arrive.

Zinchenko has been linked with Arsenal and West Ham, while Newcastle are said to be interested in Ake.

Gundogan, meanwhile, has 12 months left on his contract with City.

Guardiola is reportedly keen to keep the Germany international and has made it clear the midfielder would need replacing if he was sold.