The Manchester giants rebuffed significant interest in the Bosnian in January but accept he can depart this summer - with just one year left on his contract - for the right offer
Edin Dzeko has been told he will be allowed to leave Manchester City this summer, Goal understands.
City held firm in the face of interest in the striker in January but accept that he can go in the next window for the right offer.
Dzeko will have only one year left on his contract in the summer and will be in a strong position to negotiate a cut-price move.
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Dzeko was the subject of an inquiry from Tottenham last December, while Arsenal are also long-term admirers, but the player made an agreement with City chiefs that he would not consider a move until the end of the season.
The Bosnian is also being closely monitored by continental clubs led by Inter, Borussia Dortmund and Napoli.
Dzeko has slipped behind Sergio Aguero and Alvaro Negredo in the forward pecking order at City but has still scored 17 goals in 36 matches in all competitions for the club this season.
The 27-year-old has spoken of his frustration at not being a regular starter at Etihad Stadium and the intense competition for places at the Premier League favourites mean he is likely to move on in the summer.
Dzeko is part of a City squad that will attempt to overturn a 2-0 first-leg deficit in their last-16 Champions League second-leg clash against Barcelona on Wednesday night.