The summer transfer window has now begun, with rumours and speculation continuing to swirl as Manchester City eye possible reinforcements.

The 2018-19 champions did not bring in a single player during the January transfer window, despite suffering a defensive shortage for much of the 2019-20 campaign, but they have already started their business for the summer.

Here, Sports Mole rounds up the latest news on possible comings and goings at the Etihad.

Friday morning's Manchester City transfer talk news roundup:

Manchester City 'plan £40m Harry Winks offer'

Tottenham Hotspur midfielder Harry Winks has reportedly emerged as a potential transfer target for Manchester City.

Winks has spent his entire professional career at the North London outfit, making 96 starts and 47 substitute appearances in all competitions.

However, despite penning a five-year contract in 2019, the 24-year-old finds his place up for grabs due to the arrival of Pierre-Emile Hojbjerg.

According to The Sun, City boss Pep Guardiola is keen to take advantage of the situation by handing the England international a fresh start in the North-West.

The report claims that the Spaniard is happy to give the green light to a £40m offer, which is unlikely to be turned down by Spurs in the current climate.

Jose Mourinho has allegedly accepted that he will have to make player sales in order to raise transfer funds for new signings.

Chelsea, Manchester City to rival Arsenal for Joelson Fernandes?

Chelsea and Manchester City have reportedly joined Premier League rivals Arsenal in the race to sign Sporting Lisbon starlet Joelson Fernandes this summer.

The 17-year-old has attracted the attention of a number of Europe's biggest clubs during a breakthrough season in which he became Sporting's youngest ever player.

Arsenal have reportedly already seen two bids turned down for the attacker, who has a £41m release clause in his contract at the Portuguese outfit.

A Bola claims that both Chelsea and Manchester City are considering triggering that clause, whereas Arsenal are unwilling to do so.

However, the Gunners are refusing to give up on Fernandes and are weighing up a player-plus-cash bid, while Juventus and Borussia Dortmund are also thought to be interested in his signature.

Fernandes has been dubbed 'the next Cristiano Ronaldo' after coming through the ranks at Sporting.

More transfer news from Manchester City:

Arsenal, Manchester City 'handed boost in Houssem Aouar pursuit'
Lyon sporting director Juninho admits that Houssem Aouar could leave the club this summer amid reported interest from Arsenal, Manchester City and Juventus. Read more.

Napoli 'close in on Gabriel Magalhaes to pave way for Kalidou Koulibaly exit'
Napoli reportedly beat Manchester United and Arsenal to the signing of Gabriel Magalhaes in a deal which could pave the way for Kalidou Koulibaly to leave the club. Read more.