The striker has been linked with a move to Premier League rivals Arsenal in recent weeks, per the Express, but it is believed that Napoli want more than £42.5million before they will consider selling their star man.
City are expected to be busy this summer having had the financial constraints of Financial Fair Play removed, although it seems a move for Higuain would be dependent on exits first.
The club will reportedly look to sell both Stevan Jovetic and Edin Dzeko before bringing the Napoli man to England, with neither forward looking like they will feature much for Manuel Pellegrini next season.
An unnecessary signing?
With both Sergio Aguero and Wilfried Bony at the club as well, there is already fierce competition for places and Higuain would add to that. Indeed, the Ivorian may question his position at the club should he arrive.
And while Higuain would be a good signing for City should they get rid of both Dzeko and Jovetic, some would argue that is not an area of the side that needs improving.
Defence in particular was a weak spot last season, with new recruit Eliaquim Mangala failing to impress, while the wide areas have proved to be problematic also. Both are in more need of attention than up front, where Higuain would just be another star name in already star-studded forward line.