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City boss Manuel Pellegrini has confirmed that he is willing to let the Serbian international leave the Etihad this summer.

The 21-year-old has fallen down the pecking order at the club following the arrival of Pellegrini last year, and the former Fiorentina star made only 13 appearances for the Premier League champions last season.

His future at the club has been the subject of intense speculation this summer, with reports suggesting that Pellegrini would offload him once he secured the services of Eliaquim Mangala.

And just a week after the arrival of Mangala, Pellegrini has confirmed that he is willing to sell the Serbian, but only if the club receive the right offer.

The Chilean said: "Matija needs to play. We already have important players here, with Demichelis, Kompany, Mangala and Boyata.

"So we will see in the next few days what happens with Nastasic. He is an important player but he has offers and I think the best thing for him is to play.

"We have until the end of August to see what kind of offers we get."

The news of Pellegrini's plans to sell Nastasic will be music to the ears of Arsenal manager Arsene Wenger.

According to reports, the Gunners boss is interested in signing the City outcast, and is preparing a £16m bid for the Serbian international.