The former England coach has taken the managerial reins at Eastlands, signing a three-year deal as Stuart Pearce's successor.
And Eriksson, who refused to discuss how big his transfer warchest would be, said: "I can promise you will see new faces in the squad and the team when the Premier League starts.
"Let's wait until the middle of August and you will see.
"It's a big, big club and I think a lot of football players around the world would like to play for Manchester City especially as they know this club will be bigger and bigger."
On his current squad, he said: "I think it's good. One thing I think is very, very good is that we have six players from the academy in the squad.
"That's important, that's something to build on for the future."