Manchester City's determination to build a team that will be recognised as authentic title contenders next season has led them to target David Silva, the Valencia midfielder, as well as Edin Dzeko, the prolific Wolfsburg striker.
City are aware that in both cases there will be strong competition from Champions League clubs but, backed by the immense wealth of the Abu Dhabi United Group, they are hoping they have the financial muscle to convince two of Europe's more coveted footballers that they can fulfil their ambitions at Eastlands.
In total it could cost them in excess of £70m, with another £50m set aside for James Milner at Aston Villa and Mikel Arteta of Everton.
Silva, the Spain international midfielder, is the primary target, this being the second time City have attempted to sign him. A delegation led by the chief executive, Garry Cook, travelled to Valencia in December 2008 to instigate talks about a possible joint transfer involving David Villa, only to be put off by the Spanish club asking £135m for the pair.
One boardroom source at Eastlands remembers Valencia "wanted us to bankroll their club for the next four seasons" but the admiration for Silva has persisted and City have not been deterred by the Spanish club's recent insistence that he will not be allowed to leave now that Villa has joined Barcelona.
Dzeko, the scorer of 54 goals in 94 games for Wolfsburg, has a £35m release clause in his contract and City are deliberating about whether to meet that price or wait until it expires on Monday night and try to sign him for less.
As yet, formal talks have not opened between the two clubs but there have been several inquiries behind the scenes. Wolfsburg are aware of City's interest and the story was leaked in Germany earlier today, possibly as a way of attracting other potential buyers for a player who has been linked with many of the biggest clubs in Europe.
Dzeko, the top scorer in last season's Bundesliga with 22 goals, is keen to move to the Premier League and City regard the Bosnian international as a potential partner for Carlos Tevez in a move that would have obvious ramifications for current strikers such as Emmanuel Adebayor and Roque Santa Cruz.
City have already put in place an £11m deal for Hamburg's Germany international defender Jerome Boateng and are still confident of signing Milner despite an initial offer of £20m being rejected. City are simultaneously trying to establish whether Arteta could be tempted from Everton but have rubbished reports they are talking to Real Madrid about signing the midfielder Fernando Gago and striker Gonzalo Higuaín.