Manuel Pellegrini has revealed FFP regulations prevented Manchester City from signing Alexis Sanchez from Barcelona ahead of Arsenal.
The Chilean boss was a huge admirer of his fellow compatriot and wanted to add him to his squad, but he ultimately joined the Gunners for £34million as financial restraints limited Man City’s movements in the transfer market.
“He was one of the best in the world and he showed it every day,” Pellegrini told Chilean radio station ADN. “He was a major player we wanted to take to City.
“We could not take him before he signed for Arsenal, it was because the club was punished for Financial Fair Play. I did not have the space in the squad for him.
“Alexis is a complete winner and hopefully he will remain a force for a number of years.”
Pellegrini, who now manages Chineseaside Hebei China Fortune, could well see his dream of managing Sanchez come true as they reportedly do have the funds available to offer the forward a whopping £500,000-a-week – double what he is currently demanding from Arsenal in their contract negotiations.
The Daily Mirror believe that Arsenal are still some way short in meeting Sanchez’s valuation and have offered him, at this stage, a new deal worth £180,000-a-week.