The Sun says while City have now tabled the Ballon d'Or winner a new contract, City chiefs are prepared to sell the midfielder.
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Directors were left unimpressed by Rodri declaring he'd be willing to leave City for Real Madrid. In the aftermath, Rodri insisted his words had been twisted.
However, City won't stand in the midfielder's way should he wish to leave this summer.
Transfer expert Fabrizio Romano is reporting: "Understand Man City have offered a new contract to Rodri.
"Real Madrid are interested in Rodri; decision up to the player, family involved too.
"If Rodri rejects new deal, City would still ask for a big fee this summer; or leave on a free in 2027."