Reports: Manchester City to once again break the bank in the summer

Manchester City spent an astronomical amount of money on signings last summer. The impact of a fruitful summer was obvious for everyone as the Citizens comfortably lifted the Premier League title this week.

Under the current ownership, City have won three league titles, but European success has eluded them. Pep Guardiola was signed to fix that, but the Spaniard too has failed in first two attempts.

However, City’s ownership hasn’t given up on the Spaniard, and they are prepared to bankroll another busy summer for their manager.

According to the latest report from Sky Sports, the league champions are planning to spend a whopping £200m to strengthen their league-winning squad.

On the top of their wishlist are Paris Saint-Germain’s Kylian Mbappe and Bayern Munich’s Thiago Alcantara.

Mbappe currently plays for Paris Saint-Germain on a loan move from Monaco. However, recent reports suggest that the French champions might not be able to make the deal permanent due to FFP restrictions.

City are reportedly monitoring the situation, and they will make a move if they sense an opportunity to sign the French star.

Guardiola is a fan of Alcantara having managed him at Barcelona and Bayern Munich. He was responsible for bringing him to Germany, and now he wants the midfielder to join him in England.

The same story also mentions that City are also monitoring Crystal Palace winger Wilfried Zaha, but he is not a primary target.

In another transfer rumour, courtesy the Mirror, City are interested in signing Shakhtar Donetsk midfielder Fred. However, the champions are facing competition from their cross-town rivals Manchester United for the services of the Brazilian. According to the report, United manager Jose Mourinho has identified Fred as a potential replacement for Paul Pogba.

The 25-year-old is reportedly valued at £50m in the transfer market.

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