Ramos has just one month left on his current deal with Real Madrid and an extension doesn’t seem likely, given that Los Blancos are not willing to improve their current offer. Ramos doesn’t want a single-year extension and Manchester City could take advantage of the situation and add Ramos to their squad.
Manchester City will submit their offer if Ramos and Real Madrid don’t reach an agreement before the end of his contract, per that same report.
Real Madrid just completed the signing of David Alaba, who could eventually replace Ramos as a center-back if the Spanish defender ends up leaving the club. All things considered, Los Blancos seem to have leverage in their negotiations with Ramos, so the captain has a decision to make about his future and his legacy.