Roberto Mancini is to step up his pursuit of Fernando Torres with an offer to make him the world's best-paid footballer and hand Liverpool a player-plus-cash transfer deal including highly-rated Manchester City midfielder Stephen Ireland.
City's bosses have given the OK to present the Spanish international with a wage packet in excess of £200,000-a-week - which is reportedly the salary of fellow new signing Yaya Toure.
Liverpool has recently come under new management in the form of former Fulham boss Roy Hodgson, following the departure of Rafael Benitez.
As a result of the upheaval at Anfield, which includes the ownership of the club and the disappointing 2009/10 season, Torres' future has become the subject of intense speculation.
City is desperate to add one of the world's top strikers to their ranks and will offer fringe players as well as a significant transfer fee in excess of £30million for the former Atletico Madrid star.
Hodgson has already been told he will be given any transfer fee recouped from the sale of players to reinvest in the squad.
And he may accept Stephen Ireland plus cash is a fair deal for Torres - a player whose heart may not be in it anymore after his former manager, and the man he left his boyhood club to work for, departed in the summer.
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