Pep Guardiola is happy with his Manchester City squad and doesn't expect the January transfer window to offer the club any value.
But Guardiola doesn't expect such value to be available this winter and will instead keep City's powder dry until the summer.
"I took that decision, we couldn't invest in summer, why do you have to invest in December?," he said of the club's January plans.
"I like my squad, we have problems with injuries, but if we have the chance to like it happened with Laporte, there was a clause and we knew that the potential of this player because he had played for many years in big stages against incredible strikers and we were convinced he could handle it immediately, and for a long time we could do it but that is not the position, that I think the market does not give us that opportunity and I don't want to do that."
Guardiola didn't entirely rule out a late decision to make a move in the January window, but having struggled to match the asking price for Maguire in the summer he doesn't expect big money to be spent correcting that now, preferring instead to wait until the end of the season.
"I never say never, hopefully we will not have 25 injuries in the next two games, so maybe we have to buy, but maybe two or three players might want to leave in the transfer window," he said.
"But in the summer we could not do what we could not do for money, so we cannot invest more. That is why. You never spend, one player more than 75 million, so we have a wage and we could't invest in summer so why can we do it three or four months later.
"It makes no sense. That is why we will wait in the summer time."