Manchester City manager Manuel Pellegrini will start the two-time Premier League champions’ spending with additions of Juventus midfielder Paul Pogba and Liverpool wantaway winger Raheem Sterling, according to Daily Mail.

Both of the players have been heavily linked with moves to the Etihad since the end of the season and bookmakers have installed the dethroned Premier League champions as favourites for the two targets, since chairman Khaldoon Al Mubarak told the club’s fans to expect ‘big signings’.

Pogba, 22, was an instrumental part of the double-winning Juventus squad, and the team that reached this year’s Champions League final, but lost 3-1 to Catalan giants Barcelona. Juventus are reportedly willing to consider offers in the region of €80m (£58m), but will try to resist any temptation to accept a bid under €100m (£73m).

Sterling has been at the centre of a transfer saga since May, when the England international rejected a new contract at Anfield and stalled talks with the five-time European champions. Arsene Wenger also expressed an interest in the player who was recently revealed to be the sixth most valuable individual in world football, according to a transfer study.

British newspaper The Times reported that Manchester City have already had a bid, in the region of £25m (plus £5m add-ons), rejected for the England starlet. The Anfield club have remained calm over the future of Sterling and manager Brendan Rodgers expects him to stay at the club beyond the summer transfer window.

Liverpool are thought to be holding out for a mammoth £50m for Sterling with his potential and current ability taken into consideration as well as thoughts that QPR could be given 20% of any deal.

Fans’ favourite Khaldoon Al Mubarak also promised a transfer window of change in Manchester, with numerous players leaving, and joining, the club, who will look to secure their third Premier League title in five years.