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Pep Guardiola is targeting a move for Antoine Griezmann, with Alexis Sanchez also on his radar.

The Manchester City manager plans to invest heavily again next summer after spending £160m in his first transfer window at the club.

He accepts the squad he inherited from Manuel Pellegrini still needs significant additions to realise his ambition of dominating the Premier League and delivering a first Champions League trophy to the Etihad.

While defence remains the area most in need of address - with two full backs and a centre half on his wanted list - Guardiola has been infuriated by his side’s lack of cutting edge.

Brazilian Gabriel Jesus will arrive in January - but City are also keen on Griezmann, who has established himself as one of the deadliest strikers in Europe.

The Frenchman could cost as much as £70m, with Manchester United also interested.

Guardiola is also a confirmed admirer of Sanchez, with City aware of the on-going uncertainty over the Chilean’s contract situation at Arsenal.

Sergio Aguero has signed a new deal at City, but the delay in announcing a contract that was agreed as far back as February, has only placed further questions over the Argentine’s future.

Guardiola has attempted to transform his leading scorer into a more all-round forward - but the versatility of both Griezmann and Sanchez would fit more comfortably into the system the former Barcelona and Bayern Munich manager wants to implement at City.

Griezmann is expected to leave Atletico at the end of the season, with a host of Europe’s leading clubs ready to enter the bidding for the 25-year-old.

Jose Mourinho is among his biggest admirers and City are unlikely to want to see one of the biggest stars in the game head to their fiercest rivals.

Sanchez, meanwhile, could be available at the end of the season, despite Arsene Wenger insisting he will allow the forward to run down his contract at the Emirate.

City, however, will be aware that the summer will be Arsenal’s last chance to fully cash-in on their talisman if he doesn’t agree a new deal.