Manchester City have reportedly joined the race to sign Valencia winger Ferran Torres this summer.

City have been given the green light to press ahead with their summer transfer plans after successfully appealing against their two-year ban from European competition, with the Court of Arbitration for Sport ruling on Monday that they can compete in next season's Champions League.

Manager Pep Guardiola is set to undertake a significant overhaul of his squad during the upcoming window as a result, with Man City looking to close the gap on runaway champions Liverpool.

Marca reports that Torres is among the players on Guardiola's shortlist, with the 20-year-old's contract due to expire next summer.

A host of Europe's top clubs are expected to provide competition for his signature, though, including Manchester United, Real Madrid, Juventus, AC Milan, Napoli and Borussia Dortmund.

City are in the market for a new winger after selling Leroy Sane to Bayern Munich, while they have also been linked with moves for Kalidou Koulibaly, Lautaro Martinez and David Alaba.

Torres has scored six goals and registered seven assists in 42 games across all competitions this season.