Manchester City Transfer News and Rumours Tracker: Week of December 23
To some, Christmas is merely a pre-cursor to the reopening of the transfer window on New Year's Day.
For Manchester City supporters, any transfer window is an exciting period, and January is set to be no different.
Which players will be coming and going from the Etihad Stadium next month?
We will be looking at all the rumours and speculation involving Manchester City here.
Latest update: December 29
Manchester City Manager Manuel Pellegrini to Ignore Transfer Window
Manchester City manager Manuel Pellegrini is unlikely to do any business in the January transfer window as he is content with his current squad, reports Simon Mullock of the Sunday Mirror.
The Chilean has enjoyed a successful opening to his reign at the Etihad Stadium, after taking City to the Champions League knockout stages for the first time and earning plaudits for his team's displays so far this season.
City are just a point behind Premier League leaders Arsenal, and are also in the Capital One Cup semi-finals before opening their FA Cup challenge at Blackburn next weekend.
According to Mullock, the City hierarchy are prepared to fund any further player movement next season, but Pellegrini is happy to go with what he has in the four-pronged challenge for silverware for the second half of the campaign.
Valencia Eye Transfer Move for City Striker Edin Dzeko
Valencia are poised to make a transfer move for Manchester City striker Edin Dzeko, reports Adam Crafton of the Daily Mail.
According to the article, the La Liga club are on the verge of being taken over by Singapore billionaire Peter Lim, who is targeting a place in the Champions League for the team.
Crafton reports that Lim will make £40 million in funds available to head coach Juan Antonio Pizzi.
And Bosnia international Dzeko is top of the list for new recruits for the Mestella Stadium club, claims the article.
Porto Defender Nicolas Otamendi Opens Door to Premier League Move
The Argentina international, 25, has been linked with Manchester City and Chelsea, while Monaco also have a reported interest, according to the article.
But Otamendi is quoted as saying in the article that a January transfer move cannot harm his chances of playing in the 2014 World Cup finals:
My mind is at Porto and continuing to play here. I want to do my job to the best of my ability. Porto draws attention around the world and these rumours still exist.
But I'm glad they speak well of me, that means I do things well. If an opportunity presents itself, I'll think. I will continue to help Porto.
I do not think changing clubs in January would harm me in the context of the World Cup. I always want to do my best, wherever I play.
City Move for Nigerian Starlet Kelechi Iheanacho in Doubt
Manchester City's hopes of signing Kelechi Iheanacho are on the verge of collapse, reports Paul Clennam of Goal.com.
The 17-year-old has already undergone a medical in Spain and had made a verbal agreement with City, but the move is now in doubt over the player's concerns about bonuses and wages.
Clennam also reports that FC Porto have now also joined the bidding for the 17-year-old.
Barcelona Star Lionel Messi Urged to Join Manchester City by Yaya Toure
Manchester City midfielder Yaya Toure has urged former Barcelona teammate Lionel Messi to link up with him again at the Etihad Stadium, report Chris Slater and Andrew Stuart of the Manchester Evening News.
The Ivory Coast international played with the Argentina international before his move to the Premier League in July 2010.
Messi has previously been advised to make the move to Manchester by international teammate and friend Sergio Aguero, according to the report.
City and Argentina defender Pablo Zabaleta has said that Messi had "asked a lot about City" when the pair were on international duty, too.
Ajax Goalkeeper Kenneth Vermeer Targeted by Manchester City
Vermeer has fallen behind Jasper Cillessen in the pecking order under head coach Frank de Boer at the Amsterdam ArenA recently.
The 27-year-old is now looking for regular first-team football to save his hopes of playing for Holland at the 2014 World Cup finals, claimed the report.