Madrid boss Jose Mourinho is reportedly in the market for a new striker to keep Gonzalo Higuain and Karim Benzema on their toes and Tevez has emerged as a shock target.
Mourinho has rumoured to have asked Etihad Stadium officials to keep him informed if they decide to offload the former Machester United and West Ham forward.
And City could be prepared to sell the Argentinian star to fund a move for Arsenal forward Robin Van Persie as they prepare to test the Emirate Stadium waters with a £20 million bid.
The newly crowned Premier League champions would want £25 million for Tevez,who played a vital role in the title run-in despite spending much of the season on a self-imposed strike.
Manager Roberto Mancini made peace with the 28-year-old following his seven-month exile after refusing to come off the bench in a Champions League tie with Bayern Munich in September.
However it’s doubtful Mancini would pass up the opportunity to shift Tevez’s £190,000-a-week salary from the wage bill and boost his transfer kitty in the process with Van Persie in his sights.
The 47-year-old Italian has made the Gunners frontman his top transfer target and wants him to form a devastating partnership with Sergio Aguero as City prepare to defend their first ever title.
Van Persie’s current contract in North London expires next year and negotiations have hit the buffers after he jetted off to the European Championships with the Netherlands.
He will join Arsene Wenger’s side on it’s pre-season tour of Asia after the Dutch were dumped out of the tournament there is still no news over whether he has decided to extend his stay at the club.