Man City to splash the cash! Huge transfer spree planned as Pep Guardiola bids to rebuild at Etihad Stadium after losing Premier League title to Liverpool

Manchester City suffered their first trophyless season since the 2016-17 campaign, which was Pep Guardiola's first season in charge at Etihad Stadium. The disappointing 2024-25 season came on the back of their rather inactive summer transfer window in 2024, which saw them only make two moves: re-signing Ilkay Gundogan and signing Savinho from their sister club, Troyes.

Al-Mubarak has now claimed that the club made a mistake by not being aggressive last summer, as he blamed the lack of squad rejuvenation for the failures of the 2024-25 season. The City chairman also warned other Premier League clubs that his side are ready to splash the cash this summer as they look to help Guardiola fight to get their Premier League title back from Liverpool.

Speaking in an address to the City fans, Al-Mubarak said: "We will be back and the aim is to build something even better. History is great — but then there’s a new page to write. The future is about what we can do together. How can we keep winning? We’ve been working and preparing for next season since January. We’ll take all the good things and the not-so-good things from this season, learn from it, improve and get better.”

On this season's disappointments: “The beauty of football is that there’s always a new season. And today we get to turn this page. The season that just passed is behind us. The records are there. What we achieved and what we haven’t. And it’s basically black and white. Many circumstances just didn’t work our way.

“Last summer, we probably should have been more aggressive in some changes we needed to do. We didn’t do that and it ended up costing us. We already started that team rebuild in January."

The eight-time Premier League champions will be keen on showing the world that they are down but not out as of yet, as they plan to make signings before the start of the Club World Cup in June. Al-Mubarak added: “We’ve identified who the targets are, in what positions, and have clear No. 1 and No. 2 options. We’ll go about our business, and it will be very clear, very swift. Our objective is to be ready with the new squad for the Club World Cup.”