Man City to spend over £100m on Raheem Sterling and Paul Pogba after FFP restrictions lifted
Published 03/07/2015 | 20:09
Manchester City are expected to spend in excess of £100m on new signings this summer after having their transfer restrictions lifted by Uefa.
City were issued with a £49m fine and forced to submit a reduced Champions League squad of twenty-one players last season after breaching Uefa’s Financial Fair Play regulations.
But after meeting Uefa’s break-even targets, City are now free to pursue top targets Paul Pogba, Kevin De Bruyne and Raheem Sterling.
An £8m move for Aston Villa’s England midfielder Fabian Delph is also being considered by City, with Barcelona leading the race for Juventus midfielder Paul Pogba.
Despite being cleared by Uefa to spend freely in the transfer market, City have been warned that they will continue to have their finances monitored in order to ensure that they continue to meet strict guidelines.
“The lifting of restrictions is subject to ongoing additional controls and audits," Uefa said in a statement. “The club remains under strict monitoring and has still to meet break-even targets and is therefore subject to some limitations in 2016."
Paris Saint-Germain, the French champions, have also had their FFP-related sanctions lifted by Uefa.