I disagree. If they have all the money in the world, and can suddenly buy the best players, which let's face it they've started doing already with Robinho and SWP, then there really is no limit to what they can achieve.
Chelsea weren't ever going to win the league till Roman and his millions came in - that made the difference. From having won it once in their history they suddenly won it twice in a row.
A few more world class players and City will be challenging.
I do think that City could challenge for the Premier League, but not in the next two years. I honestly don't believe that bringing in some of the world's best would allow City to to be up there, specifically next season.
With the money that is being allegedly thrown around at the minute by the City owners, it will be a matter of time before Hughes and various others backroom staff lose their jobs. And so unrest begins; other players are brought in, presumably not at the request of the manager, and it will end up being the Sheik's toy, unless they bring in Jose, he wouldn't have it!
City will not have European football next season, they are already out of the FA cup, the fair play award will not going their way and I don't think that they will finish in a UEFA Cup spot, not having conceded 30 goals already this season in the league.