Following a torrid spell with Manchester United, Zaha has successfully revived his career upon returning to Crystal Palace, and he played a enormous role in helping the Eagles stay afloat and avoid relegation this season.
John Richardson of the Mirror recently reported City looked closer than any other suitor to signing Zaha and were prepared to pay £50 million for the player, although it seems the transfer sum won't be their main obstacle.
The 25-year-old said last week that he can't see himself leaving Palace this window but isn't ruling out a return to one of the top six clubs at some point in the future. "I'm enjoying my football, you can see how much I'm enjoying it", he said after Palace's victory over West Brom.
Crystal Palace ended their season with a 2-0 win at home to West Bromwich Albion.
In nine games without Zaha this campaign Roy Hodgson's men failed to win even a single point - but in 28 games with him they won 41 points to comfortably stay up in the end.
The midfielder's contract expires this summer, and while manager Roy Hodgson has made no secret of his desire to retain him, he also expects him to receive offers from elsewhere.
Zaha picked up the award on Wednesday night at the end-of-season club awards held at Boxpark, Croydon - the third straight year the Ivory Coast global has claimed the accolade. But I think three or four new players coming in, because we don't know if they'll keep [Ruben] Loftus-Cheek, who's been brilliant since he came back from injury.
The Ivory Coast global capped off the campaign in great form, scoring five goals in his last seven games, which has led to speculation regarding his future at Palace.