The 23-year-old has been one of the stand-out performers under Unai Emery this season, who are going strong in the Champions League and Premier League.
Emery has used Ramsey extensively and he is understood to be under consideration for Thomas Tuchel’s first England squad.
Ramsey was linked with a move away from Villa last summer as one of the players that could raise funds to help them meet PSR regulations as he represents pure profit as he is homegrown.
Aston Villa the Champions League club value Ramsey at in excess of £50 million.
Manchester City have been following Jacob Ramsey closely and have been hugely impressed with his progress.
Chelsea looked at Ramsey last summer and retain an interest in the player despite landing Pedro Neto and have Estevao Willian coming in.
Arsenal are another club who have shown an interest in Ramsey, highlighting just how highly regarded he is by other Premier League clubs.
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