Leicester don’t need to spend £200m to sign right players – Ranieri aims jibe at Premier League rivals

The Foxes’ Premier League title success stunned world football, but their trainer has declared he will not break the bank to repeat the featClaudio Ranieri insists there was no temptation for Leicester City to try to compete with the spending power of their biggest Premier League rivals.The reigning champions did fork out sizeable fees for the likes of Islam Slimani and Ahmed Musa, but were dwarfed in their overall outlay by Manchester United, Manchester City and Chelsea.Nevertheless, Ranieri claims he would not have wanted to spend big anyway, citing the club’s policy of building on solid and sustainable foundations.“I don’t want to spend £200 million. I just want to bring the right players,” the Italian told theDaily Mail. “Our budget is okay. We spend what we need.“It is not important that they [their Premier League rivals] spend a lot of money. We spent what we needed to spend. Not in excess.“We follow the chairman’s philosophy. He wants us to grow up slowly, to make a solid basement. I’m sure we have a solid basement and now we are building the first floor up.Leiceser’s title defence has started in modest fashion, with a return of seven points from five matches, while Pep Guardiola’s City boast a 100 per cent record at the summit.