Brazilian starlet Marcelo Mattos has emerged as a target for Mancehster City this summer. Portsmouth have also made enquiries regarding the midfielder, and Harry Redknapp now has some competition for his signature.
It is understood that Man City are prepared to pay £5 million to land the Panathinaikos midfielder.
Henk Ten Cate, the new PAO boss, has admitted he needs to generate funds for his campaign next season and the sale of the Brazilian could now be on the cards.
Redknapp and Hughes will now be battling with each other to sell their respective club's to the talented youngster.