Ivory Coast striker Bony completed a ??25m move to Manchester City on Wednesday ??? the deal is also worth possibly another ??3m in add-ons ??? but Monk says money will be put aside to develop the club’s infrastructure.
There are currently plans to increase the Liberty Stadium’s capacity of 21,000 and fund the new training ground at Fairwood to the west of the city.
“I’ve not considered it or discussed it at this point with the chairman,” said Monk, when asked how much of the Bony transfer money would be allocated for the signing of new players this month.
“I’m sure everyone thinks now that you have ??28m coming into the club at whatever point is all to spend on players.??Of course it’s not. We always spend it wisely at this club – we always have done.
“There’s infrastructure to improve and plenty of things off the field we need to improve such as stadium expansion and the training ground.??It all costs a lot of money but it’s something we will put in place to make sure the future of this club is solid.
“In terms of a budget for myself we need to sign players and add quality to the squad, but it won’t be the money people are trying to tell us at this moment.”
Monk believes Bony will be a great asset for the Premier League champions.
“I think Bony will do fantastically well at Manchester City with the world-class players they have and the chances they create throughout games,” he said.
“Hopefully he’ll go there and produce the type of football he did here.???