Manchester City chairman Khaldoon Al Mubarak has confirmed that the club will be making "a couple more" signings during the upcoming transfer window.
The Citizens have already agreed a deal to bring Erling Braut Haaland to the club from Borussia Dortmund, with the 21-year-old set to cost the Premier League champions in the region of £51m.
Meanwhile, the club secured Julian Alvarez's signature from River Plate in January, and the 22-year-old is set to officially move to Etihad Stadium this summer.
Fernandinho's exit will allegedly see Man City enter the transfer market for a new central midfielder, and left-back is also believed to be an area that the club want to strengthen ahead of next season.
Chairman Al Mubarak has said that the team have already made "two very important additions" but are planning to bring in "a couple more" before the end of the summer window.
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"I can confirm that there will be more players coming in," he told the club's official website. "We are looking to strengthen the team in the areas that we need strengthening. As you know, every season some players leave, and then we have to continuously refresh the team.
"Again, we will always look at improving and strengthening. I think we've made two very important additions already, but I anticipate we'll be doing a couple more. We'll try to go as fast as we can, but you know how the market goes. It's not always entirely in our control."
Al Mubarak has insisted that Man City will not panic in the market and are only prepared to bring in players that are of the required quality to boost the squad.
"With Pep and with this team it's not just about filling a position," he added. "We have reached a level of quality, a standard in which we cannot and will not compromise on quality.
"If we find the right player for that particular position, we will get that player and if not, Pep has shown us he will find solutions within the quality of the group we have and within the quality of the academy.
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"We're in a different position to the one we were in many years ago. We have so much talent available within the squad and the academy that when we need something, it's very specific and it's very deliberate.
"If we're able to bring that particular player, great, and if not, it doesn't mean anybody can fill it. We are in a different paradigm from that perspective."
Gabriel Jesus and Oleksandr Zinchenko have both been linked with moves to Arsenal in recent weeks, while there remains speculation surrounding Bernardo Silva's future, with the Portugal international still believed to be unhappy with life in England.
Ilkay Gundogan has also been linked with a move away from the club, but the Germany international recently said that he will soon hold contract discussions with the English champions.
Man City finished above Liverpool to win their eighth top-division English title this season, but they fell short in the Champions League, losing to Real Madrid in the semi-finals of the competition.
