Ranieri not interested in splashing the cash

Ranieri not interested in splashing the cash

Claudio Ranieri says he is happy to stick to Leicester's modest transfer budget and does not feel the need to spend big on players.

The Foxes broke their transfer record twice during the summer transfer to sign Ahmed Musa and then Islam Slimani, eventually racking up an estimated total spend of £65.8million.

While a significant amount to spend, the champions' total outlay was modest in comparison to some of their Premier League rivals, with Manchester United splashing out more on one player in Paul Pogba.

Ranieri says he would never want to push Leicester to over spend and feels Leicester have built a solid foundation for the future without breaking the bank.

"I don't want to spend £200 million. I just want to bring the right players," the Italian told the Daily Mail. "Our budget is okay. We spend what we need.

"It is not important that they [their Premier League rivals] spend a lot of money. We spent what we needed to spend. Not in excess.

"He follow the chairman's philosophy. He wants us to grow up slowly, to make a solid basement. I'm sure we have a solid basement and now we are building the first floor up."