From the El Confidencial report the only thing I see as most likely to be true is that Madrid and Malaga have agreed a fee. All this means is that Isco actually has a choice between us and Madrid, as opposed to the usual media hysteria creating the idea of a choice.
Of course, it would be quite unusual for Madrid to agree a fee with a selling club and a Spanish player to then say, 'no thanks.' Hence, Spanish confidence that this is a 'done deal'.
Assuming we too have / can agree a fee with Madrid, then it is a straight choice for the player.
At 21, 12 months before a world cup, a manager you know and probably an indication of the amount of game time you'll get plus a good idea of where and how you'll be required to play, there is a great deal to be said for Isco choosing City on this occasion. Madrid will still be there after the 2018 world cup when Isco can arrive aged 26 at the height of his powers.
We'll see. The bloke said we'll know Sunday. I expect we will.