Manchester City have quashed speculation the club is set to invest in the MLS

Manchester City say they have no plans to invest in the MLS

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Manchester City have categorically denied reports that the club are set to buy an MLS franchise in New York.

There are claims in the United States that City are close to being awarded an MLS team in the borough of Queens for a record 100 million dollars.

Business sources in the US and Abu Dhabi have told Sky Sports News that City owner Sheikh Mansour wants to explore the possibility of using football to promote the global brand of Abu Dhabi in any future investment.

City were reported to be on the brink of being awarded a second franchise in New York to be based in Queens and close to the site of Flushing Meadow, which currently hosts the US tennis open.

It had been suggested David Beckham had been approached to be part of the scheme, which was to be named New York City Football Club and cost Blues owner Sheikh Mansour £100m.

However, Manchester City officials have today distanced themselves from the talk, with a brief statement from the club reading: "Manchester City are not buying an MLS club."