Man City to make initial £40m bid for Everton defender John Stones

But Pep Guardiola’s side are prepared to go up to £50m to get the Toffees defender.

Everton would be expected to reject an offer of £40m, but City are keen to start negotiations.

Stones, 22, has already informed the Blues of his intention to leave Goodison Park this summer.

Everton rejected three bids last summer from Chelsea for the defender.

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