Manchester City have taken their summer spending spree to over £120m in less than a week with reports claiming they have just completed the signing of Monaco defender Benjamin Mendy in a deal worth £39.8m.

Fresh from signing Bernardo Silva for £43m last week from Monaco, as well as Benfica goalkeeper Ederson for £34.9m, Pep Guardiola has raided the Ligue 1 champions again as he addresses a key problem area in his squad.

According to The Sun, City will splash out almost £40m on Mendy, with the 22-year-old agreeing to a £100,000-a-week contract while he’s signed on for a four-year deal.

It’s suggested that the transfer fee could increase depending on City’s success moving forward, while the move is expected to be made official when the Frenchman returns from international duty.

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