Football finance expert and University of Liverpool lecturer Kieran Maguire has shared some insight into how Manchester City will be preparing themselves ahead of the upcoming summer transfer window.
This comes after Maguire recently made an appearance on the Liverpool Echo’s Blood Red Podcast to discuss the latest news surrounding the Premier League on the financial side of things.
On the topic of City and how their recent verdict from the Court of Arbitration for Sport who found them not guilty of “disguising equity funds as sponsorship contributions” will impact their potential involvement in the upcoming summer transfer window, Maguire shared his thoughts on the matter.
He said: “[Manchester] City are in a strong position. But they won’t be able to spend willy-nilly simply because Financial Fair Play does still exist. And these particular charges against Manchester City actually go back to around about 2013. Since then, City have reined in their spending in terms of the degree of acceleration that we’ve seen in terms of committing towards both wages and transfer spends.”
In the previous summer and winter transfer windows, City have splashed out on players such as Rodri, Joao Cancelo, Pedro Porro, Angelino, Zack Steffen and Ryotaro Meshino, resulting in the club spending a total of £150.14 million (per Transfermarkt).
In the Premier League, City fell behind Liverpool by quite a big margin this season with Jurgen Klopp’s side currently 18 points ahead of City having already secured the title.
What area do Manchester City need to strengthen in this summer?
GK/Defence
Midfield
Attack
TIF Thoughts…
With City having fallen so far behind Liverpool in the Premier League this season, this may well push the Manchester club to splash out a bit more in the upcoming summer transfer window, within reason, so that they can try and close the gap between them and the Merseyside club next season.