Pep Guardiola claims Premier League champions have no more money to spend

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Mourinho had warned it would be a "difficult season" if United did not make any more acquisitions and it now looks like his side will miss out.

Mourinho's targets for that position were primarily Leicester City's Harry Maguire, Jérôme Boateng of Bayern Munich and Toby Alderweireld of Tottenham.

The manager has to decide which way we play. "The information I have is no", he replied matter-of-factly.

City won the title with a record-breaking 100-point haul last season and although Liverpool have been tipped to challenge this term, Reds boss Jurgen Klopp says his team are "Rocky Balboa"-type underdogs".

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Mourinho was asked about his tactics at this morning's media conference ahead of the Premier League opener against Leicester City.

The Fiver: sign up and get our daily football email. It is hard for me to understand we finish second.

"I said we would sign one or two, but the second one wasn't possible".

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"We couldn't spend more than we could this season, maybe next season we are more active but we have spent a lot on young players for the next season and that's the reason why".

Mourinho, who will be without the likes of Nemanja Matic, Antonio Valencia, Ander Herrera and Marcos Rojo on Friday, once again bemoaned the lack of preparation time for the start of the season, with many of his players having just returned to training after taking time off following the World Cup.

"They returned on Monday", he said.

"I will have to focus on the players I have and in relation to this first couple of matches". "In football you need time to work and players on the pitch to work and we didn't have until now". I was told that during pre-season it looked like I was saying something absolutely out of order, something insane.

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Figures released by Deloitte's sport business group showed top-flight clubs spent an estimated £1.23billion before Thursday's pre-season deadline - down £200million from last summer's window.

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