Manuel Pellegrini confirmed that he is not yet finished in this summer's transfer market but would not announce who they were looking at.
Man City have spent big after last year's calamities, which saw Roberto Mancini sacked after finishing 11 points behind city rivals Manchester United.
To make it worse, they also lost out on the FA Cup after losing to Wigan in a dramatic final at New Wembley.
Manuel Pellegrini took over the reins at the club after spells managing Real Madrid and Malaga. The club has already spent over £80million on new signings Fernandinho, Jesus Navas, Alvaro Negredo and Stevan Jovetic since Pellegrini's appointment but the Chilean says he's not done yet.
He told journalists: "The club has spent money on important players, like Stevan and Negredo.
"But we must remind you that last year there was Balotelli and Tevez, so we had to replace two very good players with another two very good players.
"So, we have the month of July and some days of August to finish the squad completely. It's not absolutely complete, but it's very near to being complete."
Rumours have linked the club with a £20million offer for Real Madrid's tough defender Pepe, but Pellegrini refused to be drawn in to talk about specific players.
"I don't speak about rumours. I think today we have the players we need here.
"I just said that we will see what happens in this month and during August.
"I'm not talking about specific names because it's not better for us, so I don't talk about Pepe or any other names."
Only time will tell who the arrivals are at the club as they try to improve on last season's second place finish.
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