Manchester City boss Mark Hughes has branded the transfer speculation swirling around Eastlands as "ludicrous".

"It's a little bit hysterical and ludicrous at the moment to be perfectly honest," said Hughes after his side's 1-1 draw at Fulham in the Barclays Premier League on Saturday.

"When we go to the market, we'll discuss players with the clubs directly and if we can do some business, if we generate the resources to do that and if we can bring in a bit of quality to the club, then that's what we'll try to do.

"I don't think there'll be many clubs spending a great deal in January so maybe it's a competitive advantage that we have in this window."