Sitting at English football's top table for the first time in a generation, the sky's the limit for Manchester City as the billionaire-owned club prepares for a first season in the Champions League and a genuine challenge for the Premier League title.

City ended its 35-year wait for a major trophy by winning the FA Cup in May and with Abu Dhabi billionaire Sheik Mansour continuing to plow money into the northwest team, there is a widespread belief that more silverware will follow over the next few years.

Argentina striker Sergio Aguero, who joined from Aletico Madrid last week for a reported fee of 38 million pounds ($62 million), certainly thinks so.

''I was very interested in playing here as it's a growing club,'' said Aguero, who joined City from Spanish side Atletico Madrid last week for a reported fee of 38 million pounds ($62 million).

''I think we have great players and a great team. I am playing at one of the best English teams at the moment and there are many things that can be achieved. We can win many titles and hopefully it will be a top year for us.''

Sheik Mansour's investment of more than $1 billion since 2008 means that Aguero joins a squad crammed with talent. Man for man, City looks as strong as any in the Premier League but it lacks title-winning experience.

Winning the FA Cup eased some of the pressure that had been building on Italian manager Roberto Mancini and his players, and allows them to plan bigger and better things.

''You could hear some of the guys in the dressing room after the game whispering, 'Yeah, we want more of this,''' City defender Vincent Kompany said after the FA Cup final win over Stoke. ''The club deserves this and this is a feeling we want again.

''We've laid down the foundations by this and by qualifying for the Champions League. Now we want to build a house on it.''

Twelve years ago, City was at a low ebb, playing in the third tier of the English football with a team of lower-league journeymen. Now, bankrolled by Middle Eastern royalty, the club could be about to welcome the likes of Barcelona, Real Madrid and AC Milan to its newly named Etihad Stadium for Champions League football.

The noisy neighbors, as Manchester United manager Alex Ferguson once described City, sure are making a din.

''I think it's pretty clear that they are building a squad to fight for the title,'' new Chelsea manager Andre Villas-Boas said. ''It's for Mancini to say what his objectives are but my personal perspective is that they are making good signings and that they can threaten for the league.''

Aside from Aguero, City has signed France left back Gael Clichy from Arsenal for a reported 7 million pounds ($11.5 million) and central defender Stefan Savic from Partizan Belgrade.

That will strengthen a defense that was the joint tightest last season, conceding 33 goals in 38 games like Chelsea, while Aguero adds yet another name to a long list of high-profile strikers.

Fellow Argentina international Carlos Tevez should start the season at City, despite expressing his desire to leave the club to be closer to his wife and children who live in his homeland. Edin Dzeko, Mario Balotelli, Emmanuel Adebayor and Roque Santa Cruz are also in the squad.

With fixtures likely to pile up for City this season due to the Champions League, Mancini will need to juggle his players - something he struggled to do last season during the latter stages of the Europa League.

But with such a deep squad to call upon, City is expected to challenge on a number of fronts.

''I can't see the outside pressure being any more than what we put on ourselves to get better. We had a good season last year, finishing third and winning the FA Cup. But we still want to improve,'' City midfielder James Milner said.

''Progression has to be finishing third, second or first, which by its very nature means we hope to be challenging for the title. We are not going to make any wild predictions about what we are going to do. We will get on with our business quietly but there is an inner belief that we will continue to move forward.''