Manchester City boss Sven Goran Eriksson is delighted with the backing he has received from club owner Thaksin Shinawatra in the market.

"He is very excited about the future," said Eriksson.

"When he took over he said he will spend money to bring in new players. He kept his word and he is very passionate about the football."

Eriksson was in bullish mood despite City's 1-0 pre-season defeat to Valencia.

"I would be a liar if I said I didn't wish for a bit more time," he said.

"But I liked what I saw and I am much more positive than I was this morning. We will be better next week for sure."