How Man City earned £10m from Premier League deadline-day transfer as funds increase ahead of summer window

Tottenham Hotspur’s deadline-day signing of Pedro Porro has inadvertently topped up Manchester City’s summer transfer funds.

The Spanish full-back moved to Spurs in the final hours before Tuesday’s deadline, completing a move from Sporting Lisbon. Porro only joined the Portuguese side permanently last summer, but did spend the previous two years on loan at Sporting.

The Primeira Liga outfit paid £7m to secure his services from City in May, although a sell-on clause was inserted as part of the deal. That ensured the Premier League champions will earn £10m off Porro’s switch to the Tottenham Hotspur Stadium, when his loan with an obligation to buy becomes permanent in the summer.

Yet Porro’s transfer from City was not a unique sale for the club to make, and a further £1m was earned in January from Ivan Ilic’s move from Hellas Verona to Toronto. Similar deals also are in place with Douglas Luiz and Jack Harrison at Aston Villa and Leeds United respectively. The latter nearly joined Leicester City on deadline day, while Luiz reportedly came close to signing for Arsenal last summer.

Should either move at the end of the season, it will boost City’s summer spending - along with the fees received from Porro and Ilic - while if Bayern Munich opt to sign Joao Cancelo permanently then Pep Guardiola’s transfer kitty will only continue to expand. The Portugal defender joined the Bundesliga champions on loan last month, although there is an option to make the deal permanent for around £65m.

City have become canny operators in the transfer market over recent years and earned close to £190m last summer from transfer fees, with the Blues making a substantial profit despite bringing in Erling Haaland, Stefan Ortega Moreno, Kalvin Phillips, Sergio Gomez and Manuel Akanji. City received transfer fees for 13 players in the 2022 off-season, including the likes of Raheem Sterling, Gabriel Jesus and Oleksandr Zinchenko.

It’s why the club’s bank balance looks so healthy heading into next summer. At least one midfielder is expected to be targeted, with uncertainty surrounding the future of Ilkay Gundogan, while Bernardo Silva could leave if Barcelona or Paris Saint-Germain are willing to match City’s asking price.

Jude Bellingham is reportedly the club’s chief transfer target, although ManchesterWorld understand James Maddison is not on City’s radar despite recent reports linking them with a move for the England international.