Manchester City is competing with Manchester United in the transfer of Wesley Sneijder, Mancini has launched Inter Milan connections.

Inter Milan playmaker Wesley Sneijder, who is believed to be a January transfer target for Manchester United, could be on the move next month, club president Massimo Moratti has admitted to Italian media.

Manchester City are believed to be reconsidering their interest inManchester  United playmaker target Wesley Sneijder, according to reports, with the Inter man continuing to be overlooked by his coach as he refuses to sign a new deal.

Sneijder has been a long-standing target for the Red Devils, with the 28 year old believed at one point to be a possible replacement for Paul Scholes.

His wages and transfer cost scuppered any possibility of a move to United, with the star believed to be on £200,000 per week in Italy, where tax breaks are more favourable for footballers than in England.

Both City and United are monitoring the situation regarding Sneijder, the former are now reconsidering whether to make a bid after their early exit from the Champions League left them looking at receiving limited funds from TV revenue for the second season running.

With the Financial Fair Play rules coming into full force, City need to be careful with their spending, and are already scaling back on the big buys, undergoing a more modest summer to show they are working with their current squad rather than continuing to spend big on new players.

United have bolstered their midfield with summer signings Shinji Kagawa and Nick Powell, but Ferguson is still believed to be an admirer of Sneijder, and if he were available at a cut-price fee the Scot could be tempted into bringing him in to provide a bridge between younger players and the likes of Scholes and Giggs.

Wesley Sneijder who was close to a move to Old Trafford in the summer of 2011 and has again been linked with Manchester United in recent weeks, is currently embroiled in a contract dispute with the Serie A giants.

Manchester United verry close to completing a deal for Sneijder in the January transfer window of 2013 and recent reports have suggested that Ferguson may rekindle his interest in January.

The Star, though, claims that Ferguson has no plans to sign the 28-year-old, leaving the way clear for fellow reported suitors Manchester City.

But if neither City or United are interested come January, the Dutchman may have to continue his standoff with Inter as he looks for a lucrative move elsewhere.

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