Manchester City is the dominant force in English football under Pep Guardiola with a platform of success that was largely built on the club’s financial backing and ability to spend to remain competitive or at the top of the Premier League pyramid.
But underneath the facade of endless pound notes is a well-oiled machine that has also built a reputation for producing impressive young talent at the academy level, be it homegrown or continuing the education of those who came from outside its doors.
One such product has now become one of the darlings of Manchester City and the face of the club for the foreseeable future; Phil Foden.
As reported by The Daily Mail’s Mike Keegan, Foden has agreed to a five-year extension at the Etihad Stadium that will see him star for his boyhood club until 2027.
Most impressively, if not shockingly, is the key detail behind Foden’s new deal on the blue half of Manchester; the value of his wage packet.
Per Keegan, Foden will now be on £225k-per-week and quickly become one of the highest-paid youngsters in world football.
Summer signing and fellow football prodigy Erling Haaland is also on exceptional financial terms at the club after his move from German giants Borussia Dortmund earlier this summer, earning a similar wage to Belgian international Kevin De Bruyne, putting the Norwegian goal machine at £100m across five years; in other words, £375k-per-week.
But in Foden’s case, his up-tiered salary sees him jump from £30k-per-week to now earning seven times that amount.
Both players who are now signed on for the same length and at the same age (22), will no doubt be the focal point of what City officials and fans hope to be a continued period of dominance in the Premier League, with City boss Pep Guardiola unable to hold in his delight at how Foden has gotten on at the club under his guidance until now.
“We saw from the beginning how talented he is and we thought from the beginning this guy cannot be loaned.”
“He will be with us, training with David Silva, Vincent [Kompany], with Sergio [Aguero], with all the players who had a lot of experience and who would help him with his development.”
“There was no patience [needed] because immediately he was involved and playing 90 minutes. Now he’s a reality. Phil handles the pressure. He is still enjoying playing football and feels he can improve.”
Should Foden and Haaland continue their course collision with becoming two of the game’s biggest names in the years to come the hefty investment in the young pair now will no doubt pay off in spades for City’s trophy cabinet.