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Tuesday, May 15, 2012

Mancini: City Continue 'Stupid' Spending



Manchester City Manager Roberto Mancini maintains his squad needs to be reinforced this summer for the club to retain their Premier League title and also challenge for the Champions League trophy. The Italian wants to build on this season Premier League’s success and win the Champions League next season.

The Club Chairman, Khaldoon al-Mubarak feels the squad is already strong and there’s no need to spend lavishly like the previous summers. However, Mancini said: "Barcelona and Real Madrid every year buy two or three players and spend a lot of money. I think for Manchester City it must be the same. We must spend to compete with them.

Manchester United Manager, Sir Alex Fergusson has earlier described his ‘noisy’ neighbour’s spending as stupid. Speaking at the club’s Player of the Year awards dinner, he said: “"We invest in young players. That is what we are good at – we're not like other clubs who can spend fortunes on proven goods. We know that City are going to spend fortunes, pay stupid money, pay silly salaries and all that.

Mancini has plans to sign Arsenal Striker Robin van Persie and Lille’s Eden Hazard, but the club must sell first in order to comply with the UEFA’s financial fair play regulations. Manchester City last year recorded a loss of £197 and could balance their books by offloading the likes of Adam Johnson, Eden Dzeko, Emmanuel Adebayor and Carlos Tevez.

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