Sky Sports chief reporter Bryan Swanson reports that Manchester City have held discussions with Benfica over centre-back Ruben Dias, with Nicolas Otamendi potentially heading in the opposite direction
City are in the market for a second central defender as a priority during this transfer window, after having signed Nathan Ake from Bournemouth in August.
It is understood Benfica value Dias at more than £50m, but the clubs are also in discussions about Nicolas Otamendi moving in the other direction.
The 23-year-old has impressed during three seasons at Benfica and was in Portugal's 2018 World Cup squad.
The club are on the lookout for a replacement for Vincent Kompany, who left last year, and have been evaluating a range of players across Europe.