Pep Guardiola’s side re-signed Trafford, 23, from Burnley in the summer only to then bring in Gianluigi Donnarumma on transfer deadline day.
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Trafford has since made just three Premier League appearances for Man City and has been heavily linked with a move away in order to gain more first-team appearances.
According to TEAMtalk, City don’t want to let Trafford leave permanently and would prefer to send him out on loan.
Leeds, Aston Villa and Newcastle have all registered an interest in Trafford, while Chelsea have previously been keen.