He will also have more funds available to spend in the transfer market but Al Mubarak is adamant the club's long-term plans mean they will be looking to improve the current squad, rather than building a new one.
"There will be money for new players. We need more depth and plans are already advanced," Al Mubarak explained.
"I have been talking to [City's chief executive] Garry Cook and Mark for weeks now. We are pretty clear on what we want, and I am clear on what Mark has identified as the areas that need to be supported, and we will step up.
"We all know we are not going to splash money around, because that model, that formula, doesn't work.
"You're not going to buy 22 new players and then the next year you win the Premier League.
"It needs to be done sustainably, with quality management, quality infra-structure and a quality manager. That's what we are doing. The players will come, and the results will come."
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