According to the report, Lancashire issued a statement saying they had been looking for a partner, preferably from the IPL, and now that the deal has been secured they foresee an "exciting future" for the side.
Manchester City spent more than 180 million pounds ($223.58 million) -- more than the combined amount paid by the other 19 English top-flight clubs in a relatively quiet window.
IMAGES from Europa League matches played on Thursday.
Manchester City manager Pep Guardiola has noticed an increase in opposing teams adopting a man-marking approach.
It is the first time since 1989-90 that Manchester United have lost 10 of their first 22 games of the league season.
Former Manchester United and Scotland forward Denis Law has died at the age of 84.
'Bellingham had a bruise from a knock and will not be available. Vinicius Jr. has been given an extra day to recover, but will be available for tomorrow.'
Pietersen gives thumbs up to IPL owners' investment in English teams
Chelsea recovered to beat West Ham United 2-1 to jump to fourth place in the English Premier League on Monday.
Arsenal moved to 50 points from 24 games.
Manchester City's spending of more than 180 million pounds ($223.58 million) was the second-biggest outlay ever worldwide by a club in the January transfer window.
Three late goals from Amad Diallo dragged a below-par Manchester United to an unlikely 3-1 comeback victory over bottom side Southampton.
The Champions League play-offs are set to deliver high-octane drama as Manchester City prepare to battle European heavyweights Real Madrid, while Celtic brace for a daunting clash against Bayern Munich, with last-16 spots on the line.
A round-up of Saturday's action in the English Premier League.
Manchester City boss Pep Guardiola is not entirely sold on the new Champions League format
IMAGES from the Premier League matches played on Sunday.
Manchester City bounced back after conceding an early goal to beat Chelsea 3-1 on Saturday
There were reports that the screening of the movie was disrupted in North-West London, Wolverhampton, Birmingham, Slough, Staines and Manchester.
Amad Diallo struck a late equaliser as Manchester United made a mockery of their recent form to hold Premier League leaders Liverpool
United climbed to fourth in the standings on 15 points going into the last round of matches, in a strong position to reach the knockout phase along with Spurs who are sixth with 14 points.
Champions Manchester City struggled in this campaign and sit sixth in the table after winning only two of their last 10 league matches.
With his repertoire of shots, he reeled away five fours and a whopping eight maximums while striking at 232.35.
A deflected late strike from Lisandro Martinez earned Manchester United a much-needed 1-0 victory at Fulham in the Premier League on Sunday.
Manchester City came from behind to beat Club Brugge 3-1 and secure their place in the Champions League playoffs
Both managers have struggled in the Champions League this season, with PSG on seven points and 25th in the standings, one place outside the knockout phase playoff zone, while City are one point ahead in 22nd.
Manchester United manager Ruben Amorim suffered five defeats in his first eight league games -- the worst record for a Manchester United manager in 103 years.
Chelsea won for the first time in six Premier League matches when they beat relegation-threatened Wolverhampton Wanderers 3-1 at home on Monday.
With Guardiola also signing a contract extension until 2027, Haaland is hoping to develop under the Spaniard, who has led City to 18 trophies since he took charge in 2016.
Arsenal's Arteta wary of old foe Villa
In a video that has now gone viral, Guardiola is seen giving young autograph hunters a dressing down for missing school and doing business reselling football memorabilia.
IMAGES from the UEFA Champions League matches played on Wednesday
Barcelona's Raphinha scored deep into stoppage time to hand his side a dramatic 5-4 comeback win at Benfica and a place in the Champions League last 16.
Everton have signed David Moyes for a second spell as their manager, the Premier League club said on Saturday.
Manchester United languish 14th in the standings on 19 points, their worst placing to end a calendar year since they were 15th in 1989.
Joshua Zirkzee scored the winning penalty for 10-man Manchester United against Arsenal after their hectic FA Cup third round tie finished 1-1 after extra time.
IMAGES from the Premier League matches played on Sunday
Graham Potter is in talks to replace Lopetegui, according to British media reports, and the former Chelsea and Brighton & Hove Albion manager is expected to take charge of West Ham for their FA Cup third-round game at Aston Villa on Friday.
A summary of Saturday's action in the Premier League.
Barcelona thrashed Real Betis 5-1 on Wednesday to book their spot in the Copa del Rey quarter-finals.
A summary of Saturday's action in the FA Cup third round.
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