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Manchester City have launched an audacious £50million bid to sign Toni Kroos from Real Madrid.

City's new boss Pep Guardiola is a huge fan of Kroos and would like to be reunited with his former Bayern Munich playmaker at the Etihad.

The Blues have made an approach and have received encouragement that a deal may be possible.

European champions Real need to offload one of their Galacticos to compete with Manchester United in the £100m bidding war for Paul Pogba.

(Image: Getty)

They are demanding that £50m fee for the German World Cup winner, after paying Bayern £24m for him two years ago.

Kroos, 26, is happy at the Bernabeu after claiming his second Champions League with Real, but it is understood he is not ruling out a move.

(Image: Nick Potts/PA Wire)

City have not spoken directly to Real and are wary about being used to engineer a pay rise for Kroos, who has four years left on his current £90,000-a-week agreement.

Guardiola would be thrilled to team up again with Kroos and he was disappointed he only had one season with him at the Allianz Arena.

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The Blues are also set to increase their attacking options by landing Leroy Sane , with current club Schalke claiming the Germany forward has told them he wants to go.

General manager Christian Heidel said: "Leroy has made it clear that he would like to leave this summer. We have to accept that.

(Image: Getty)

"However, we will only agree to a sale if the conditions work for Schalke."

The final hurdle to completing the deal is agreeing a fee and City are reluctant to pay Schalke's £42m asking price.