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Pep Guardiola insists Manchester City 'cannot afford' to sign a striker like £154m man Erling Haaland if clubs demand huge fees as City boss says Premier League leaders will not pay over the odds to replace Sergio Aguero

Pep Guardiola insisted that Manchester City would not pay over the odds to sign Sergio Aguero’s replacement.

The manager confirmed City are searching for a new striker, and it is understood Borussia Dortmund’s Erling Haaland remains their top target. But Guardiola maintained City would not be held to ransom after Haaland’s agent, Mino Raiola, landed in Spain for talks with Barcelona and Real Madrid. ‘I want to be clear,’ Guardiola said. ‘Maybe we are going to find a new player to replace Sergio.

‘When the club say we can do it then OK, we will try. If they say we can’t, then we are not going to.