Since Sheikh Mansour took over the club in 2008, City have spent a colossal £400million on new Premier League signings, but Viera insists the focus now lies with bringing younger players through the ranks, as the new Manchester City Football Academy is expected to be completed by 2014.
The new facility will have accommodation for junior and senior players, a 7,000 capacity stadium and classrooms for 200 students, while also becoming the centre for all the club’s operations.
The former Arsenal midfielder is now the Football Development Executive at City and played a key role in the planning stages for the academy.
He explained the club’s old transfer policy and why they have decided to change their approach.
”In the past we spent money because we wanted to build a successful team quickly. When you want to bring in big-name players you have to spend money.
“Now we have a really young team and in football there are always cycles. I believe Manchester City are now starting a cycle that will give us time to start working with youth team players,” he said.