"I am clear we are going in the right direction. We are interested in bringing in good players at the right price."
Hughes, who has been at City for less than three months, reiterated that Vedran Corluka would be staying at the club and that Michael Johnson was close to agreeing a new contract.
Corluka has been linked with a move to Tottenham Hotspur and Johnson has reportedly been the subject of interest from Arsenal.
"Vedran's agent has a vested interest in his client but the matter has been resolved," Hughes said.
"I have discussed the situation at length with Vedran and he won't be leaving
the club. He is very much a Manchester City player.
"And negotiations with Michael are ongoing and we are hopeful they will be concluded very quickly."
City owner Thaksin Shinawatra faces corruption and abuse of power charges in Thailand and about �800m of his assets have been frozen pending a verdict.
An arrest warrant was issued for the former Thai prime minister on Monday after he failed to attend a court hearing in Bangkok.
My part of the club has not changed to any great extent - we are interested in good players at the right price
Mark Hughes
There had been reports that the club was looking to sell players without Hughes' knowledge because of Thaksin's situation, but City's boss denied that this was the case.
"From my own point of view I am very focused on what I aim to achieve here and that means success on the pitch.
"Nothing whatsoever has changed in that respect and the football operation hasn't changed since I signed for the club."
In fact Hughes said he was looking to bring new players in.
"People might have been concerned that maybe funds won't be available for me to bring players to the club.
"I have been reassured that is not the case. We are actively pursuing players.
"My part of the club has not changed to any great extent. We are interested in
good players at the right price.
"I speak to (chief executive) Garry Cook on a daily basis and we are always having conversations about where we feel the club should be going.
"Maybe there have been misunderstandings and mistakes made but that happens in any big organisation when you make changes. It is not an issue."
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