As far as I'm aware, City have signed one player (Clichy) and have offloaded at least two (Jo & Boateng). They are working on Aguero as a replacement for Tevez and are actively trying to get rid of other players (eg Adebayor). Vieira has retired too, their wage bill is gradually being reduced, you can't complain this early in the transfer window
Don't forget Savic. Did Jo actually command a transfer fee ? Is Boateng's fee undisclosed ? Tevez is still on the books.
Selling players for a massive loss, or letting them go on a free would also impact on a club's positive equity in the real world of finance.
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