Although Aston Villa manager Martin O'Neill insists he won't let Milner leave unless City meet his valuation of the England international - believed to be around £30 million - Mancini is adamant City won't be held to ransom. "When Manchester City enquire about a 10 million pounds player, the club asks for 20 million pounds. That is not good for us," Mancini said. "James is still a player who interests us but only at the right price."

While the likes of Chelsea, Manchester United and Arsenal have spent little in the transfer market during the close-season, Mancini has continued to throw money around with abandon. The former Inter Milan boss, who took charge of the club in December, believes City's financial muscle has the rest of the Premier League running scared and he won't rule out a challenge for the title this season.

"Are they scared? I think so. At the moment only Manchester City are buying players," Mancini said. "But that is normal because Manchester City want to improve and the other teams are just big teams who would like a lot of people.

"I think all these teams over the years have spent a lot of money - Manchester United, Tottenham, Chelsea, Arsenal, Liverpool but now City do. We have a big opportunity to win the league if we believe in ourselves and do our jobs. We have improved as a team.

"It depends if we can put together a team in the short time available. In my experience, I know after the World Cup in every country there can be a different situation in the league. Last year, we fought for fourth place until the penultimate game against Tottenham - the aim this year is to try to win the Premier League. That must be our target."