Etihad Stadium boss fears new rules will hamper summer spending.
Manchester City manager Roberto Mancini fears the new financial fair play rules in the Premier League will scupper his summer transfer plans.
The Etihad Stadium club were one of the Premier League teams to vote against the introduction, but the motion was passed thanks to a two-thirds majority and the outcome means that the days of bankrolling by wealthy owners is over.
Instead, clubs can now only spend a percentage of their total turnover on player wages which hits Manchester City and Chelsea most of all due to the spending power of wealthy owners Sheikh Mansour and Roman Abramovich.
The rule will now means Mancini’s summer spending plans to attempt to bring in Napoli striker Edinson Cavani, who could cost as much as £55million, Atletico Madrid forward Radamel Falcao and Brazilian starlet Neymar are now precariously balanced.
Clubs will now only be able to file losses of £105million over a three-year period, but Mancini said: “I do not agree. If I am a rich man, I want to spend all my money on my team.”
Manchester City are set for a summer clear-out, which could include selling Carlos Tevez and Edin Dzeko amongst other big names having also offloaded Mario Balotelli to AC Milan in the transfer window, but Mancini might have to lower his sights in the transfer market in his search for replacements.
“We can’t change this,” he said. “If these are the rules we should work with them. It is normal. We need to buy good players. If you want to buy good players you have to spend money. This isn’t only the situation for us, it is the same for every team. But if we work well and work quickly in February, March and April, we can find good players without spending £30 million.”