De Bruyne's camp met with the German club on Wednesday to express the Belgian's desire to move to the Etihad, with the Premier League side confident of tying up a deal before the end of the month.
According to reports in Germany, City are planning to break their transfer window for the second time during the summer transfer window with a £50m (€72m) offer, trumping the £49m paid for Raheem Sterling earlier in July.
When questioned on City's rumoured offer, Wolfsburg sporting director Klaus Allofs told Sport1: "We are not playing games. What would happen if somebody comes with that amount of money? That hasn't happened so far, so we do not have to think about it.
"If something like that does arrive, we will deal with it seriously. We should not talk about it out of responsibility towards the player."
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