Manchester City have reportedly finalised their summer transfer budget, with Pep Guardiola prepared to sacrifice one first-team player to help fund a refresh of his title-winning squad ahead of the 2025/26 campaign.
The Premier League champions, who are chasing yet another domestic crown and eyeing further European dominance, are believed to have set aside around £100 million in initial funds — but that figure could rise significantly with potential outgoings.
According to reports in Spain and the UK, Guardiola and City’s sporting director Hugo Viana have agreed that one high-profile departure may be necessary to balance the books and allow for strategic reinforcements in key areas.
Guardiola Wants to Keep City Evolving
While City’s squad remains one of the most complete in world football, Guardiola is determined to avoid stagnation. The Spaniard has spoken publicly about his desire to keep the dressing room hungry and competitive — and that means difficult decisions may be on the horizon.
Among those rumoured to be at risk of an exit is Jack Grealish, whose role in the squad has become more rotational this season. Though the England international remains a favourite of Guardiola’s, City may consider offers in the region of £70m if it allows them to reinvest in areas such as midfield depth or an additional attacking option.
Other potential departures include Kalvin Phillips, who has struggled to make an impact since arriving from Leeds, and James McAtee currently being linked with a move to Bayer Leverkusen.
Targets Identified as City Eye Next Evolution
City are expected to target a long-term successor in attacking midfield. Names linked include Florian Wirtz of Bayer Leverkusen and Jamal Musiala from Bayern Munich — both of whom would require significant investment and, likely, a marquee exit to help fund such a move.
Guardiola is also believed to be considering a new full-back, given Kyle Walker’s advancing age and uncertainty surrounding Cancelo’s future.
Meanwhile, City continue to rely heavily on Erling Haaland up front, but with the possibility of Real Madrid circling in 2026, the club are planning long-term in all departments.
Business as Usual, with Ruthless Precision
City’s model has long been built on timing their exits and arrivals with ruthless efficiency — selling high and buying smart. This summer looks set to follow that trend, with Guardiola granted full backing to reshape his side for the next phase of dominance.
The message is clear: City will spend — but only after they trim. And as Guardiola plans his next move, at least one big name may be on borrowed time.
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