Manchester City are reportedly ready to sign Angelino this summer by activating a buy-back clause in the PSV Eindhoven defender's contract.
Angelino was with City between December 2014 and June 2018 - during which time he made just three appearances - before being allowed to join PSV on a full-time basis.
However, City only gave the green light to a sale on the basis that they were provided with the option to re-sign the left-sided player for a fee of £11m.
According to the Daily Mail, Pep Guardiola is contemplating whether to meet that requirement in order to strengthen his options on the flank.
The report suggests that Guardiola has been left impressed by Angelino's contribution for the Dutch side this season, with 41 starts being made in all competitions.
The 22-year-old has also had loan spells with New York City, Girona, Mallorca and NAC Breda.
