The Nigerian has been linked with a move to the London Stadium with West Brom and Everton also tracking the 20-year-old.
Iheanacho – who has only made one start for City this year – is expected to be allowed to leave the Etihad by boss Pep Guardiola.
And the Hammers have formally launched a bid as they look to get proceedings moving to sign the youngster.
Slaven Bilic is looking to strengthen in attacking areas after Andy Carroll and Diafra Sakho endured injury-hit seasons.
The Hammers are willing to pay £25m for the out-of-favour ace, topping Everton who are also chasing his services.
Source: UKSun
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