MANCHESTER CITY face taking a £60million hit on Jack Grealish to sell him this summer.

The fallen £100m star will not be on the plane to America next week as part of Pep Guardiola’s Club World Cup squad.

And Grealish, 29, has been told there is no way back for him – with City willing to sell the attacker for a cut-price £40m.

SunSport understands plans are now in place to speed up his exit and his representatives are actively searching for a new club.

Grealish is the second of Guardiola’s squad being forced to leave after Kevin De Bruyne, 33, was told he could head out as a free agent at the end of the month despite the player wanting to stay.

Defenders Kyle Walker, 35, and John Stones, 31, are likely to follow as Guardiola and his Etihad bosses work on bringing in new blood to bolster an ageing squad.

AC Milan playmaker Tijjani Reijnders is on his way for £46.2m and City are understood to have agreed a £30m deal for Lyon ace Rayan Cherki.

Rayan Ait-Nouri’s £34m move from Wolves should also be finalised in time for him to fly out with City next week.

Grealish still has two years left on a contract worth £300,000 a week having arrived from Aston Villa for a then-British record fee in 2021.

He is unlikely to be offered such a huge wage elsewhere at his age.

But Guardiola and City are anxious to make his exit as easy as possible and are working to help him find a new home.

His former club Villa, Newcastle, Everton, West Ham and Italian club Napoli are all interested, with Etihad chiefs keen to free up squad space.

Jack Grealish shows off his singing skills as he meets Rod Stewart in Dortmund with mum and dad on break from Man City

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