Manchester City preparing to spend £150m after UCL ban was overturned

Manchester City preparing to spend £150m after UCL ban was overturned

- Manchester City saw their two-year European ban lifted on Monday July 13

- The Etihad outfit are back to business and are ready to shop for players in the summer transfer window

- Reports say the club’s chiefs are preparing to release a staggering sum of £150million

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Manchester City are reportedly preparing to lavish £150million after their Champions League ban was overturned, including tying Pep Guardiola down to a new contract, SunSport reports.

The Citizens’s two-year Champions League ban have been overturned and they are now eligible to compete in next season's competition.

Pep Guardiola's side were previously handed a two-season ban to compete in Europe after they were found guilty of transfer irregularities.

The Etihad outfit immediately appealed the ban and it has now been lifted as the outgoing Premier League champions will compete in next season's competition.

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With the future looking brighter, the club’s chiefs are reportedly ready to spend big during the summer and possibly overhaul their defence line-up.

Manchester City: Etihad outfit preparing to spend £150m after UCL ban was overturned
Manchester City boss Pep Guardiola set to be offered an improved contract. Photo Credit: Getty Images
Source: Getty Images

Also, with just a year left in Pep Guardiola’s contract, the club owners are also desperate in extending the deal for the Spaniard and should that happen, several players will be forced to leave.

Meanwhile, the fate of Manchester City winger Leroy Sane seems to have been sealed after Pep Guardiola confirmed the German international is set to leave the club.

Sane reportedly rejected a new contract and will possibly leave the club for free once his current deal runs out.

The Premier League champions reportedly had a deal on the table for the longest time but Sane never committed his future to the club amid interest from Bayern Munich.

Speculation on his future was put to rest by Pep Guardiola who affirmed that indeed the 24-year-old’s contract would not be renewed.

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Legit.ng earlier reported that Liverpool manager Jurgen Klopp has finally dropped the hint on when he would leave the Premier League side claiming that he will still be the club's gaffer for next four seasons.

This latest development will not be a welcome one for Liverpool fans who want the German to be in charge of the Reds for a very long term considering his achievements so far.

The German professional coach replaced Brendan Rodgers at Anfield five year ago with the target of him bringing titles to the club.

"Definitely to live after my career. Most likely even to Mainz,'' Jurgen Klopp told SWR Sport. On how long he'll remain at Anfield, he added: "Four years in Liverpool''.

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