Ferran Soriano says Manchester City are determined to go “global” and win the Club World Cup . City chief executive Soriano says it was vital they took part in the competition to stamp their name across the globe and build on their success in the Premier League . Despite the criticisms of the tournament, the clubs have bought into it and are also eyeing the £97m prize money for the winners. Soriano said: "We are very excited by it. I think it’s something that was very much needed, soccer is a global sport and we have to make it global. "You have to have teams like Manchester City playing teams from Morocco, Korea or wherever. That’s part of the globalisation of the number one sport in the world . I think it’s a great initiative and we are very happy to be here. "It’s very important to be here because we are a global football club. We have our roots and we are proud of them. "But you can be local and relevant and faithful to the history of the club and the fans that support you, but you can also be global and show what we do – which we believe is beautiful football – to the world. "It’s a combination that works very well and we are proud. The ambition for City in any competition is to win it. That’s the status of the club. "Obviously it’s not possible to win always so we want to go as far as we can. But the ambition of Manchester City always is to win.” City have already spent big in 2025 as they have paid out nearly £300m on new signings to replenish the squad and Soriano hinted there will be more to come. When asked if they will keep refreshing, he added: "Definitely – it’s part of the game. We look for stability, the fact that Pep is going to be with us for 10 years shows that we are a stable club. We are very happy – I’m happy with the work that we did. This is part of multi annual planning. "Last summer we only bought one new player but this year between the winter and the summer it will be eight new ones. It’s part of the annual cycle, the renewal of the squad. We accelerated some of it and now we are very happy with the squad we have. "But the squad needs to be renewed. It’s something that happens naturally. We’ve had fantastic players like Kevin De Bruyne who spent a decade with us. That’s a testament to his quality but also our stability." Join our new WhatsApp community and receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice.