Manchester City have had a £7.4 million offer for Elano Blumer accepted by Shakhtar Donetsk.
If the deal goes through, as expected, speculation linking City with former star Shaun Wright-Phillips or Newcastle Kieron Dyer is sure to die down.
Having previously spent £8.8m on Rolando Bianchi and £4.7m on Atletico Madrid midfielder Martin Petrov, Eriksson will be taking his summer spending past the £20m mark and will now scout around for bargain buys as the new season approaches.