Eastlands outfit pick up another big name signing.
Mario Balotelli is on the brink of joining Manchester City from Inter Milan for an initial £24million.
The 19-year-old has told friends he is joining City and has agreed terms on a £65,000 a week five-year contract, according to reports in Italy. The transfer fee could eventually rise to £29m with add-ons.
The capture would take City’s incredibly summer spending spree to about £100m following the acquisitions of Jerome Boateng (Hamburg, £10m), David Silva (Valencia, £24m), Yaya Toure (Barcelona, £24m) and Aleksandar Kolarov (Lazio, £17m).
Balotelli had also interested Manchester United and Chelsea, but the lure of City and their spending power appears to have been impossible to resist.
The move will reunite the erratic teenager with Roberto Mancini, the former Inter manager who handed Balotelli his debut at the San Siro in 2007. (Daily Mail)
So it appears that Manchester City are to continue their impressive spending spree by offering a fairly huge sum for the Italian teenager. There is no doubting the potential Mario Balotelli possesses and I guess the thinking would be that as a player of just 19 the re-sale value could be massive so therefore the risk is not so great, but having said that £29m is a massive fee to pay, in comparison Barcelona only paid 3 or 4 million more to sign David Villa.
Roberto Mancini clearly knows the youngster well and he may well be ideally placed to harness that potential and help turn him into a star for the future.