Chelsea lost their unbeaten record in the Premiership against Spurs but Phil Scolari’s side remain hot favourites to win the title.

The new owner of Manchester City, Dr Sulaiman Al-Fahim, intends to have the same dramatic at the club as Roman Abramovich made at Chelsea.

Russian billionaire Abramovich took charge of Chelsea in 2003, and has spent lavishly during his five years in charge. However, the money spent at Stamford Bridge could seem a mere pittance if City’s new owner lives up to his promises.

Reported to be up to ten times wealthier than Abramovich, Al-Fahim insists funds will be made available to Mark Hughes in a bid to join Europe’s elite.

“We would like to see Manchester City fighting for trophies in every tournament,” he said.

“We don’t just want Manchester City to be challenging for trophies in England, but also in the Champions League.

“We want them to be in for every trophy available.”

City gave an early indication of their newly-acquired financial muscle when they broke the British transfer record on Monday by spending £32.5m on Brazil international Robinho. The Real Madrid forward had been linked with a move to Chelsea, but the London club were outspent by their Premier league rivals.

The ultimate aim is to secure a place in the UEFA Champions League, but Al-Fahim says he is not expecting immediate success.

“A place in the Champions League is quite a jump from last season, but we are ready to sit down with the manager, find out the players he would like, and bring the right players into the club,” Al-Fahim added.

“This season we would like to be a lot better than last season, and we are eager for trophies next season.

“I always feel like I’m a kind of bulldozer, a full insured bulldozer,” he added in The Sun.

“If nobody likes it, it starts moving – even if there are cars in its way, it has to crush the cars and move. I can’t stop. If I have an idea, I have to do it.”

Chelsea lost their unbeaten record in the Premiership against Spurs but Phil Scolari’s side remain hot favourites to win the title.