According to the Daily Star, City believe that their struggles in Europe and their stuttering Premier League defence are down to their lack of options out wide, and plan to redress that with big summer signings.
Navas and Reus could come at a serious price – the Spaniard has a £35m buy-out clause in his contract, the paper claims (although with his contract expiring in 2015 they may accept lower), while Reus would command a fee of around £30m from Borussia Dortmund.
But whether Reus would come is a different matter – he is deterred by missing out on regular first-team football, as several big names who have joined City in recent seasons have done.
Also reportedly on Manchester City’s shopping list are the likes of Edinson Cavani, Isco, Victor Wanyama and Will Hughes.
Even if Manchester City go for a major overhaul for next season, one man unlikely to join is Brazilian starlet Neymar – assuming the 21-year-old listens to the advice of Pele.
The Brazil legend is quoted in the Independent saying that the style and pace of football in Spain, where Neymar is linked with Barcelona, would suit him better than elsewhere in Europe.
Then again, Pele also took time to criticise Neymar’s attitude, so maybe the youngster isn’t going to take everything he says to heart:
"We think that he is the best in the world, but he is more concerned about appearing in the media than playing for the team," Pele said.
"Neymar has a lot of responsibilities on his shoulders. Right now his major concerns are fashion and his haircut."
On the other side of Manchester, United are still in the race for Poland striker Robert Lewandowski, insists The Sun, despite Bayern Munich emerging as clear favourites for his signature.
Cezary Kucharski, the Dortmund star’s agent, did his best to tease the star’s destination:
Kucharski said: “Many clubs are interested in the player, in particular Manchester United.
“Bayern Munich? I know something, but no further details.”
Arsenal, meanwhile, are out scouting for defenders, with Lyon’s Maxime Gonalons and Angelo Ogbonna of Torino being watched by the club (Daily Mail).
That’s the first part of Arsene Wenger’s £70m transfer kitty spent then. The Mirror reckon that Etienne Capoue of Toulouse, Fiorentina’s Stevan Jovetic and Victor Wanyama (there’s that name again) are all on the wishlist.
And finally, looking abroad, France Football have done a lovely mock-up of David Beckham and Joey Barton ahead of their sides, Paris Saint-Germain and Marseille clashing in a crunch Ligue 1 game at the weekend.
Both could feature in the match, which would be Beckham’s debut.
And since a picture tells a 1,000 words, we’ll simply translate the headline [Beckham v Barton: Angel and demon] and leave you to enjoy.