Pep Guardiola has defended Manchester City's massive spending as he suggested Liverpool bought their way to success in the 1970s and 1980s.
City, bankrolled by their Abu Dhabi owners, are poised to take their transfer outlay under Guardiola to almost £1billion having agreed a deal in principle to sign Erling Haaland from Borussia Dortmund for £51m this summer.
Liverpool have emerged as City's main competition in the Premier League in recent years despite a net spend only a third that of their rivals over the same six-year period.
