Manchester City set for new Pepe bid | Mail Online: "Manchester City are weighing up a fresh move for Real Madrid defender Pepe despite plans to offer Joleon Lescott a new contract.City, who have closed a £24.5million deal for Sevilla striker Alvaro Negredo, have had a £15m bid rejected by Madrid, whose new boss Carlo Ancelotti is keen to keep the Portugal centre back. He is set to lose Raul Albiol to Napoli.
But Ancelotti has been told he must sell to help finance new signings and City must decide whether to raise their offer nearer £20m for a player who turned 30 this year."
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