Manchester City’s pursuit of French wonderkid Rayan Cherki has hit an early stumbling block after Olympique Lyonnais rejected their opening bid, reported to be around €23 million (£19.5 million) according to Sacha Tavolieri via X. Although the Premier League champions have already agreed personal terms with the 21-year-old, their valuation is currently far from Lyon’s expectations.
Initial reports had suggested that Cherki’s contract might include a release clause in the region of £25 million. However, fresh developments indicate that no such clause exists, and Lyon are now believed to be holding out for closer to €40 million (£34 million). Despite just a year remaining on the player’s current deal, Lyon are standing firm, convinced that Cherki’s technical brilliance and long-term upside more than justify their valuation.
Manchester City’s interest in Cherki isn’t merely opportunistic—it’s strategic. Pep Guardiola is keen to refresh his midfield options ahead of a demanding season, which includes the FIFA Club World Cup in the United States. Cherki, known for his dribbling, vision, and ability to operate across multiple attacking positions, is seen as a vital part of the next generation at the Etihad.
With midfield talisman Kevin De Bruyne ending his stint in blue and several long-serving players likely to see reduced minutes, the need to inject youth and creativity is pressing. Cherki fits that profile perfectly. His desire to play under Guardiola only strengthens City’s position, and while negotiations remain tricky, the player’s commitment to joining the English champions could ultimately tip the scales.
Though Lyon’s rejection of the initial bid may delay the move, it hasn’t dampened City’s resolve. The club is expected to return with an improved offer in the coming days as they aim to finalise their squad well in advance of the Club World Cup. City’s proactive stance signals their intent to dominate both at home and abroad this season.
In parallel, the club are also looking to strengthen other areas, with Wolves’ Rayan Ait-Nouri among the targets identified for the left-back position. But Cherki remains the priority for now, and given his status as one of Ligue 1’s brightest young stars, City appear determined not to miss out.
Manchester City’s move for Rayan Cherki is a calculated step towards future-proofing their midfield. The fee may seem steep with only a year left on his deal, but talents like Cherki, technically gifted, versatile, and already seasoned in Ligue 1, don’t come cheap. Guardiola has a proven track record of turning raw talent into world-class performers, and Cherki’s eagerness to join City suggests a player who believes he’s ready to take the next step. If City can bridge the financial gap with Lyon, this could be one of the smartest long-term signings of the summer.