Eriksson is set to be unveiled as City manager once Thaksin Shinawatra has acquired 75 percent of the club’s 55 million shares, which will allow the former Thai prime minster to take the club off the Stock Exchange and into private ownership.
But Eriksson isn’t waiting for the official green light and has already started making plans to completely overhaul City’s squad with up to 10 new signings.
The former England coach visited City’s Carrington practice facility on Wednesday to be introduced to his new charges for the first time and watch them go through their paces on the training ground.
Eriksson then met City captain Richard Dunne privately to get his impressions of a City team that struggled under Stuart Pearce last season.
The Swede is believed to have been unhappy with the poor quality of a squad that has been decimated by the departures of Joey Barton, Sylvain Distin, Trevor Sinclair, Stephen Jordan, Hatem Trabelsi and DeMarcus Beasley.
Eriksson has discussed potential signings with City chairman John Wardle and chief executive Alistair Mackintosh and has put West Ham midfielder Yossi Benayoun and Middlesbrough striker Ayegbeni Yakubu top of his shopping list.
Yakubu has attracted interest from several clubs including Portsmouth, but Eriksson will be given 50 million pounds to spend and is ready to jump to the head of the queue with a 12 million pounds bid.
While Eriksson is desperate to begin his renovation of the playing staff, he already has his backroom team in place.
His former England assistant Tord Grip is set to be joined by Sweden’s assistant coach Roland Andersson and Everton’s Italian fitness coach Stefano Marrone.