Leicester City boss Sven Goran Eriksson says he won't rush his transfer market plans.

While he has already been linked with Fulham's Swedish defender Fredrik Stoor, the former England boss insists he will not splash the cash for the sake of it.

Instead, he told Sky Sports News that he will take his time and assess which areas need strengthening.

"I don't know yet (how much I will need to spend) because I am quite new in this league, I am quite new at this club so it will take some weeks to see if we need something, what we need," said the Swede.

When Eriksson asked the new owner how much money he had to spend, he was told "well, how much do you need?" and admits he does not know what the limits will be.

"I don't know what the limits are but they want to reach the Premier League, rather quickly," said Eriksson, whose side take on Hull at the Walkers Stadium on Saturday.

"If that will happen this season or not, I don't know that but I need some time, I just don't want to run around and spend money for the case of spending it.

"This is my fourth job in England. As I said England is good, everything is not good of course - the press could be more kindly sometimes - but you have to live with that. It's not a problem for me today, not at all.

"But the football is football and if you love football, which I do, the best place to work in is England."