"Manchester City are the only club to have placed a bid with my clients' employers," Adrian Faija was quoted as saying by Manchester Evening News.

The Argentinean frontman is set to depart Spanish side Zaragoza following their relegation from the Primera Liga.

Despite Zaragoza's dismal form, Milito had a fine goalscoring run. He notched 15 goals in the Primera Liga last season.

City coach Mark Hughes, who took over at the club following the sacking of Sven Goran Eriksson, is looking to bolster his squad in the close season.