Manuel Pellegrini promised £50m if Manchester City progress in Champions League?

Manchester City manager Manuel Pellegrini on the touchline during a friendly match against Sunderland on July 27, 2013
© Getty Images
Manchester City will reportedly give Manuel Pellegrini £50m to spend in January should he guide the club past the Champions League group stages.

Manchester City boss Manuel Pellegrini has reportedly been promised £50m to spend in January, should he guide the club to the knockout stages of the Champions League.

City have been knocked out in the group stages in both their Champions League campaigns to date.

According to Goal.com, the club's hierarchy have added this incentive to help the team progress this year.

Pellegrini took Malaga to the brink of the semi-finals last season, and is tasked with improving City's form in Europe.

It is thought that City could target players from clubs who have been knocked out of the competition by January, with the defence being identified as an area in need of improvement.

City have already spent over £90m so far this summer.

Opposing managers Manuel Pellegrini and Alan Pardew on the touchline on August 19, 2013
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