We can compete but, although we are very well off financially, we still have to balance the books, we still have a budget - City really don't, Mansour and his associated companies can just plough more money in. If we get into a bidding war with them, either the price and wages gets pushed up beyond what the player is worth and we get them or they end up getting the player.
I don't know whether we were after these players or not, although we were being heavily linked with Silva. As soon as City's interest became apparent that interest went very quiet and soon after he was signing for City. Maybe we wanted to avoid a bidding war. There are other players and it's not as if Silva is out of this world.