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Published 08:47 8 May 2015 BST
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The Brazilian is being monitored by City, PSG and Barcelona, but Bayern Munich appear to be leading the race to sign him.
Talksport say the midfielder, who has scored 10 goals in 28 games for the Italian would be loaned back to Rome by the club, making their offer most appealing for Lazio.
One player Man City are in pole position to sign, however, is Brazilian playmaker Roberto Firmino.
The £20m rated Hoffenheim star is the subject of discussions between the two clubs, and The Star say he has already told friends he will be playing in the Premier League next season.
City see him as the ideal replacement for Yaya Toure, who is believed to be desperate to leave the club.
The Daily Mail say Inter Milan are the only real candidate to sign him, after his agent said he was 90 percent certain to leave the club.
They say neither Real Madrid nor Juventus are keen on him, deeming his wage demands too high.
Toure is on more than £200,000 per week at City and it's believed that only Inter value him worth so highly.
The Express say that Manchester United's summer spending spree will hit £200m.
After they wrapped up the signing of that Dutch guy we're not naming, United are now looking to continue their hunt for players.
They say Dortmund pair Mats Hummels and Ilkay Gundogan are next on the list, along with Nathaniel Clyne from Southampton.
One player expected to depart Old Trafford is Radamel Falcao, with his loan deal not expected to be made permanent.
And the Manchester Evening News say that the San Siro is his most likely destination, with AC Milan luring him to Italy.
They say that the club's potential new Thai owner is looking for marquee signing, and sees the 29-year-old Colombian as the ideal candidate to spring Milan back into the big time.
Petr Cech is believed to be looking for a new club, and Arsenal are believed to be looking for a keeper. The perfect match? Not just yet.
The Evening Standard say that the major snag in any transfer to the Gunners is the price, with Chelsea holding out for £10m for the soon-to-be 33-year-old.
Cech has been at the club for 11 years, but after falling down the pecking order since the emergence of Thibaut Courtois, he's now on the hunt for a new challenge.
And finally Spurs full-back Danny Rose is a surprise transfer target for Atletico Madrid.
It's thought Man City are keen on the England under-21 International to increase the number of home grown players at the club, but Atletico are now weighing in to bring him to Madrid.
The Mirror say Spurs could hold out for around £14m for the player.

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