Pellegrini frustration at City’s spending cap as Kompany commits
MANCHESTER City manager Manuel Pellegrini admits he is unlikely to make any more signings this summer because financial fair play (FFP) sanctions have curtailed the Premier League champions’ spending power.
City are limited to spending £49m net during this accounting year, and have already neared that threshold with deals for defender Eliaquim Mangala, midfielder Fernando and goalkeeper Willy Caballero. They are also only allowed to name 21 men in their Champions League squad.
“We had a lot of problems with financial fair play with the restriction of the amount of players we can put in our squad,” said Pellegrini, who has been boosted by captain Vincent Kompany’s new contract.
“So maybe I don’t think that we are going to sign another player because we cannot do it. We have maybe too many players in the squad at this moment, players that need to play – that’s very important, especially for young players.”
Pellegrini named winger Scott Sinclair and Swedish forward John Guidetti as two possible departures before the transfer window closes on 1 September. But Kompany, 28, is going nowhere, after the Belgium defender, who has led the club to two Premier League titles, penned a five-year deal. He follows midfielders Samir Nasri and David Silva in extending their stays at the Etihad Stadium.