City are looking to sell the Paraguayan striker in order to cut the size of their squad and Marseille, Fenerbahce, Stoke and Fulham are among the clubs interested in Santa Cruz.
“If he leaves City would certainly want to get back a bit of their investment. He won’t go for free,” Santa Cruz’s agent Jan Van Baal told the Daily Mail.
“I could see a paid-for loan with an automatic option to buy. It’s the fashionable solution, but that’s for Manchester City to decide.
“There are some leads in the Premier League and abroad. He still has his admirers.”
“I know that Marseille are interested and there have been a few discussions,” added Van Baal.
“It is an interesting destination. They are in the Champions League and they have a manager who is established.”