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Manchester City to hijack Manchester United's £28m Juan Cuadrado bid?

Man City look to capitalise on Man United's financial decline by preparing to trigger Juan Cuadrado's £28m release clause at Fiorentina.

Manchester City will reportedly steal a march on rivals Manchester United by triggering Juan Cuadrado's £28m release clause with Fiorentina.

United have been heavily linked with the Colombia international in recent weeks but Manuel Pellegrini is said to have joined the race for the 26-year-old winger.

City will look to pip their bitter rivals to Cuadrado - whose contract expires in 2019 - and capitalise on the Red Devils' limited funds.

On Tuesday, United announced a drop in revenue due to their Champions League absence and, according to The Express, the Sky Blues smell blood and will meet the South American's big-money release clause.

Cuadrado has scored once and bagged three assists from nine Serie A outings so far this season.

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Scott Sinclair of Manchester City during the Nelson Mandela Football Invitational match between AmaZulu and Manchester City at Moses Mabhida Stadium on July 18, 2013
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