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Manchester City ‘are willing to pay the £67.5million release clause of Real Sociedad striker Mikel Oyarzabal’ as they look to replace Leroy Sane.

The 22-year-old Oyarzabal has scored 28 goals over the past two seasons and impressed for champions Spain in this summer’s Under-21 European Championship.

Sane is moving closer to a move to Bayern Munich and, according to Diario AS, City are prepared to reinvest the £90m they will receive right away.

Manchester City are 'willing to meet the £67.5m release clause of Real Sociedad striker Mikel Oyarzabal', who helped Spain win the Under-21 European Championship this summer

Manchester City are 'willing to meet the £67.5m release clause of Real Sociedad striker Mikel Oyarzabal', who helped Spain win the Under-21 European Championship this summer

Manchester City are ‘willing to meet the £67.5m release clause of Real Sociedad striker Mikel Oyarzabal’, who helped Spain win the Under-21 European Championship this summer

Oyarzabal has impressed for his club over the past two seasons, scoring a total of 28 goals

Oyarzabal has impressed for his club over the past two seasons, scoring a total of 28 goals

Oyarzabal has impressed for his club over the past two seasons, scoring a total of 28 goals

Oyarzabal, who came through the Sociedad academy, has impressed with his consistent level of performances in the past two seasons.

His form was enough to earn a first cap for the Spanish national side in the 3-0 victory over Sweden in Euro 2020 qualifying in June, a match in which he scored.

City are likely to need a replacement for Sane, who is moving closer to a Bayern Munich move

City are likely to need a replacement for Sane, who is moving closer to a Bayern Munich move

City are likely to need a replacement for Sane, who is moving closer to a Bayern Munich move

The Basque club are keen to retain the striker’s services but would be powerless if City chose to meet the release clause in his contract.

Oyarzabal is contracted to Sociedad until 2024 and it would be the player’s decision whether or not to join the Premier League champions.