Stuart Pearce insists he will not pay over the odds for new players despite the sale of Shaun Wright-Phillips. Chelsea paid Manchester City £21 million for their star winger, but not all of the cash will be going into signing new players.
City are deep in debt and Pearce is aware that he will not be given the full amount to spend on new players.
Pearce has already brought in Andy Cole on a free transfer, and that is a sign that he will be searching the transfer market for bargain signings.
"I will not pay over the odds for new players," said Pearce.
"I did have two lists of potential targets, including one if we didn't have any money.
"That situation has changed a little bit now, but I am still in the hunt for bargains.
"Shaun's departure has left a gap on the right-hand side and we also need a couple more up front.
"But, as it will always be with me, I will only bring players in if they are the right ones at the right price."
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