Manchester City vow to put foot down on transfers after title triumph

• City will not be held to ransom by other clubs for new players
• 'No major changes' although Lille's Eden Hazard is a target
Roberto Mancini is content with his City squad
Manchester City's manager, Roberto Mancini, is said to be content with his squad but Lille's Eden Hazard is a potential target. Photograph: Peter Powell/EPA

Manchester City are determined to take a tough line over their strategy in the summer transfer market, refusing to pay over the odds to strengthen their squad or sell any player for less than their valuation.

With the demands of Uefa's financial fair play regulations City know they may have to sell before operating towards the higher end of the market, with up to 11 of Roberto Mancini's squad potentially available and Eden Hazard, the Lille and Belgium attacking midfielder, among their prime targets.

The club believe that Milan's failure to prise Carlos Tevez away in January for less than the £25m asking price, despite the striker's dispute with Mancini, provided a watershed decision that underlined their refusal to let players leave on the cheap.

The chairman, Khaldoon al-Mubarak, said on Monday there would be "no major changes", as Mancini is generally content with a squad who have delivered a first league championship in 44 years. Mubarak also stated that the club's long-term vision is to focus on the development of homegrown talent.

Mubarak told the club's website: "Let's start from this point – this team we have is a championship team, it's won the Premier League so we're not starting from the same point of any other pre-season over the last four years.

"We had to improve in a very dramatic manner. Today we have a very strong nucleus, a nucleus that has won the FA Cup and Premier League and that has improved as a team together.

"It's important to harness that nucleus and improve in a tactical way because we always want to improve and get better at all levels. You are not going to see any major changes. I think there's going to be improvement but in a very manageable way."

Regarding the development of players from City's academy, Mubarak said: "It's crucial when you look at FFP, when you look at what the academy does for the community and how we manage the evolution of his cub over the next 10 years, it's fundamental to our growth strategy and success to have a successful programme that produces young talent into the first team."

Mubarak, who praised Mancini for his willingness to "evolve", is also content with the work of Brian Marwood, the chief football operations officer. "We have the right scouting, the right management of that, I have the highest regard for Brian Marwood for what he has accomplished in that area," he said. "Hats off to Brian, he has been fantastic. It's working and it's working at all levels. The academy is not something you can judge today. It's a long-term programme. You are not going to be able to judge that success until three or four years from now."

City celebrated their Premier League crown with an open-top bus parade through Manchester, with Mario Balotelli missing due to being called up by Italy and Yaya Touré in Monaco getting treatment on the hamstring he injured in Sunday's 3-2 win over Queens Park Rangers that sealed the championship. John Guidetti, City's Swedish striker who is on-loan at Feynoord, has been ruled out of Euro 2012 due to a sciatic nerve problem.

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