The newly wealthy club, led by Cesc Fabregas, secured promotion to the top division during the summer.
Per Manchester Evening News, Manchester City midfielder Maximo Perrone could be heading to Italy.
Fabregas is determined to lure the young talent in a loan deal to bolster his squad.
He is expected to sign in the coming days for the entire season, but without any buy option in the deal.
City have a lot of time for Perrone and believe he can become a future first teamer.