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Big spending Manchester City only finished 10th last season but are being well supported to finish in the top 4 after flashing the cash this summer.

Mark Hughes has confirmed that Manchester City are holding talks with Arsenal striker Emmanuel Adebayor, but insists the transfer has not been agreed.

“I think there have been discussions between ourselves and Arsenal but as is my usual response to questions about players we haven’t yet signed, it’s not really the right time or place to discuss it,” said Hughes.

“Yes, there has been contact. There is a deal to be done, possibly. But it’s not been concluded as we speak here. Until that actually happens it’s not really the time or the place.

“There may well be opportunities that present themselves. Obviously there are areas of the team we’d still like to strengthen.

“We would like to be in a position at the beginning of the season to have a team in place that we think can challenge. If the opportunity presents itself, yes, we could buy new players.”

City are expected to launch a fresh bid for Chelsea and England skipper John Terry in the next few days, although Hughes refused to confirm that a new offer was imminent.

“I have fantastic respect for John Terry, ever since I saw him as a young player when I was at Chelsea myself,” he added.

“He’s a great player and an outstanding captain but he’s very much a Chelsea player at this point.

“Any manager would covet a player of John Terry’s calibre but at this moment he’s a Chelsea player and we have to respect that.”

Big spending Manchester City only finished 10th last season but are being well supported to finish in the top 4 after flashing the cash this summer.

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