Man City guilty charges: Which clubs did 'inflated' money flow to in transfer market?

The BBC examines the financial impact of Manchester City's transfer spending during a period where the club was found guilty of breaking financial rules. The article explores how the club's massive investment influenced the broader football economy and benefited other teams.
Why it matters
It highlights the systemic financial influence of elite football clubs and the ongoing controversy surrounding regulatory compliance in professional sports.
Image source, Getty Images Image caption, The previous clubs of Sergio Aguero, Kevin de Bruyne and Bernardo Silva all received significant transfer fees from Manchester City during their era of financial rule-breaking
The money flowed around football. It made a lot of other clubs richer. It helped teams everywhere and especially in the Premier League.
These have been some of the arguments used by those backing Manchester City in the media and online since the verdicts declaring the club guilty came in and an appeal was announced. The suggestion is that there was a net benefit to the game as a whole, and in particular the clubs to whom Manchester City paid big transfer fees.
The more than £900m by which the independent commission found the club had "inflated" its accounts was not all spent on transfer fees.
Also covering this story
15 other newsrooms covered this event. We read each version separately.
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