Manchester City's prospective new owner Thaksin Shinawatra has given himself a deadline of three years to turn around the club's fortunes.
The former Thai premier Thaksin Shinawatra is on the verge of completing his takeover of City after acquiring 74.03 per cent of the shares in City and declared his takeover offer unconditional.
Shinawatra has appointed Sven Goran Eriksson as City's new manager with the Swede signing a three-year deal at the club.
Shinawatra believes the three-year timeframe is the right amount of time to try and transform City's fortunes and he has vowed to back Eriksson in the transfer market to bolster City's squad.
"Right now, I have no other plan than to make the club very good," Thaksin told a news conference in Hong Kong.
"He (Eriksson) is working with my advisers to bring new players to join the club. We have many good players in the club but it's not enough.
"We have to get good players to the club and this season we have to move forward ... It's hard to tell how much we are going to spend. We need strikers, we need midfielders. We need quite a number, maybe five, six, seven, I don't know."
Meanwhile, former City and England manager Kevin Keegan has wished Eriksson all the best in his new job at Eastlands.
Eriksson is following the same path as Keegan who took time out after quitting England before taking charge at City.
Keegan is aware of the pressure and perils of managing City and he hopes the Swede can be a success at City
"It's a great club with a great support base and I wish him all the luck in the world," Keegan told BBC Scotland.
"It's a club who train 200 yards from Manchester United - two massive clubs in one city - and Manchester United are the biggest club in the world, arguably."
Source : www.skysports.com
By Peter ORourke - Created on 7 Jul 2007
