Manchester City's new owners are ready to launch a bid to net a staggering £100 MILLION sponsorship deal.

The Times says the prospect of expanding the City of Manchester Stadium if there is demand from supporters has been mooted, while naming rights will probably be sold when the right sponsor has been found. A ten-year deal could be worth as much as £100 million.

"A whole new world has been opened up for us commercially," one City source said.