- Pep Guardiola close to signing Sunderland wonder-kid Morten Spencer
- The Spaniard is hoping to unearth new talents who will take over at the Etihad from the aging stars soon
- Guardiola is also cautious of the Citizens Financial Fair play rule over transfer of players from other clubs
Manchester City manager Pep Guardiola is reportedly close to landing highly-rated Sunderland youngster whizkid Morten Spencer.
The 14-year-old is one of the discoveries at the Black Cats academy having shown impressive skills in his attacking midfielder role.
Spencer, according to SunSport has also attracted interests from a few other top European clubs and might compete with City for his signature.
The publication reveals City might be asked to cough out around £200,000 for the starlet, with his club making sure they are entitled to a slice of any future profits.
City boss Guardiola is said to have ordered his scouts to discover home-grown talent, as well as scouring the globe for the next generation of superstars.
The Premier League champions are trying to avoid sanctions from UEFA having been heavily scrutinised by the football body in recent times.
They along with Paris Saint-Germain are being monitored by UEFA over offences surrounding Financial Fair Play.
Reports also show that they have dropped to third on the list of Premier League wage-payers, with City rivals, Man United still topping the list.
With an annual bill of £296 million, while Liverpool are now second on on the list with a bill of around £263m.
The Citizens' £260m puts them a comfortable £16m clear of Chelsea, while Arsenal fifth on £223m.
Mauricio Pochettino continues to defy the link between budget and Premier League position as Tottenham paid out "just" £160m for his squad's wages, but Poch's stylists are behind only Liverpool and City in the table.
YEN.com.gh earlier reported that Isco emerged as a January target for Manchester City and the Citizens will have to meet his transfer clause to sign him.
Although the Spanish football star is under contract at Real Madrid till the year 2022, but lack of active playing time this season under Solari at the Bernabeu could force him out of the club.
Manchester City are said to be readying a bid of around £80m, but Real Madrid will be reluctant to accept anything below €100m (£89.95m) according to the report by AS.