Since the Arab takeover of
, the Premier League club has turned into a big spender in the transfer market. Last Summer, City spent more than £120 million in their bid to make a serious bid for the league title and a Champions League spot. Manchester City
Though they could not win any title last season and also failed to win a place in the Champions League, City is following the same big-spending approach this summer too.
They have already spent a little over £60 million this summer by signing Yaya Toure, David Silva and Jerome Boateng. It seems they would make two or three more big money deals this summer and their total spending in summer 2010 could be anywhere between £120 million and £150 million.
City manager Roberto Mancini is currently tracking three highly rated strikers: Zlatan Ibrahimovic of
Barcelona, Inter Milan’s Mario Balotelli and forward Edin Dzeko. Wolfsburg
City signed three strikers Roque Santa Cruz, Carlos Tévez and Emmanuel Adebayor last summer spending £67.5 million, half of their last summer spending. Still, former Inter Milan manager Mancini believes that he needs one more striker this summer. Today, reports out in the media also suggest that Mancini is planning a £20 million move for
striker Didier Drogba. Chelsea
is bringing in star players, it is pretty much understandable that next season they could become a force to reckon with and would be one of the strongest contenders for the Premier League title. way City
Now, the question is for how long City would find money coming in a flurry through the Arab channel. What would happen when its Arab owners would back out from their pursuit of making City the best club in
Europe? Will City be able to deal with the debts left by the Arabs? Most importantly, will be able to survive in the English Premier League? Manchester City
Since the inception of the Premier League in 1992-93 season, Leeds United was one of the regular faces in the top league of English football until their relegation in 2003-04 season. During 1998 to 2002, Leeds United always finished in the top five in Premier League. In fact, the
West Yorkshire club even clinched a Champion League spot in 1999-2000 season, mainly because of their heavy spending, but the club was relegated to the second division just 4 years later.
Leeds United could not yet retain their spot in the Premier League and is currently in the League One, the third division of English football.
also suffered relegation last season due to their huge financial crisis, even though they finished in the top half of the table in two consecutive years in 2007 and 2008. Portsmouth
There are clubs like Real Madrid who are also spending big, but it seems City just does not know what they need and what they don’t, and how to spend money effectively. For example, they spent half of their transfer budget last season on signing three strikers, but still they are going for star striker Ibrahimovic.
Overall, it seems
could suffer from their unnatural spending spree sooner or later. Manchester City