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Manchester City will not break their budget to buy a new centre back this summer.

The Blues are prepared to walk away from their pursuit of Harry Maguire rather than stump up the £80million price tag being placed on the player by Leicester.

The idea that City are desperate to replace Vincent Kompany is wrong, and Pep Guardiola would be content heading into the new season with his current squad.

The fact that Manchester United have opened the bidding for Maguire by offering £70million does not affect their stance, and they would be prepared to let the Reds land the player rather than break their budget plans.

City have shown their resolve not to get involved in auctions, least of all with United, by walking away from potential deals with Fred and Alexis Sanchez , who then signed for their neighbours.

City have their own value on 26-year-old Maguire and will not shift from it – while the player is also believed to prefer a move to City, with a guarantee of Champions League football next season.

If that means doing no more transfer business this season after securing prime target Rodri and bonus buy Angelino, the club is content.

The imponderable is whether Danilo can secure a move - if that happens City will move for a right back, with Joao Cancelo top of their list.

The Blues have been linked with Bournemouth defender Nathan Ake but, while they have tracked the former Chelsea man’s development, there have been no moves towards trying to sign the 24-year-old.

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The signing of defensive midfielder Rodri for a club record £62.6million yesterday has eased the need to bring in another centre back.

Rodri is expected to compete with Fernandinho for a starting role, but the veteran Brazilian is now also seen as a centre back by Guardiola after a couple of star performances in the role last season.

With Fernandinho, City have four centre backs, with John Stones, Aymeric Laporte and Nicolas Otamendi.

And with Eric Garcia also making the breakthrough into the first team last season, Guardiola is thought to be comfortable with the players at his disposal.

The crunch could be whether Otamendi stays or not.

The 31-year-old has not been happy at his lack of involvement and City had indicated that if a reasonable offer came in, they would not stand in his way.

But Kompany’s decision to leave to become player-manager at Anderlecht means that Otamendi would be likely to get more games next season.

There has been interest from Atletico Madrid in Otamendi, but no concrete offers, and the player’s position is unclear.

He has been focussed on playing for Argentina in the Copa America and is now on holiday, and not due to report back until the end of July.

If Otamendi goes, the situation changes, but if he stays the Blues are confident they can head into the season with what they have.

Kompany is a hard man to replace for his leadership qualities, and defensive acumen, but the fact is that he only played 47 games in the last two seasons.

That is compared to Otamendi’s 73, Stones with 68 and Laporte with 54 – and the French ace has only been at the club for a season and a half.