Everton had previously placed a £50 million price tag on the defender, but he is reportedly ready to move on amid heavy speculation.
John Stones has reportedly told Everton that he wants to leave
New Everton boss Ronald Koeman has been determined to keep Stones, slapping a £50 million price tag on the 22-year-old, which if paid would make him Britain's most expensive defender.
But, having been part of a turbulent season under former boss Roberto Martinez, the former Barnsley ace is reportedly keen to seek out pastures new and is understood to have told the club's hierarchy that he would like to move to the Etihad Stadium.
It remains to be seen whether a transfer request would be enough to convince the Toffees to lower their asking price, but a move to Manchester is now looking increasingly likely.
A move to City could be allowed to gather pace after England's recent Euro 2016 exit, with Stones returning home having not played a single minute in France, although his absence has done little to quash speculation around his future.
Stones came close to leaving Goodison Park last summer amid reported interest from Chelsea, but the Blues failed to convince Everton into a sale despite making a £38 million bid.