Manchester City are monitoring Atletico Madrid's Spain international midfielder Alex Baena. According to Football Insider, City continue to track the creative midfielder, but are unlikely to make a move for him in January.
World Cup winner, watched by three Premier League clubs

Baena was part of Spain's World Cup-winning squad and has previously been linked with Newcastle United and Aston Villa. The 25-year-old has the technical qualities to play for a top club like Manchester City, as he can operate both on the wing and in central areas, creating chances for teammates while also scoring himself.
He contributed to two goals at the World Cup, and has made a strong start to the season at Atletico Madrid, scoring three goals in the first four league matches. Whether Manchester City will take action at the end of the season remains to be seen.
January move unlikely, possible action at the end of the season
Manchester City need more creativity and finishing ability in the attacking third. For Baena, the opportunity to join one of the world's biggest clubs could be attractive. However, he is already playing for a top club, and the possibility of him actively pushing for an exit appears unlikely.
Atletico Madrid would not easily let go of such an important player. If Manchester City want to complete a deal, they may need to pay a premium. Newcastle United and Aston Villa are also monitoring the player, but Baena may prefer to join an elite team capable of competing for major trophies.