Which clubs did Man City's 'inflated' money flow to in transfer market?

Manchester City is facing scrutiny following an independent commission's verdict that the club inflated its financial accounts between 2009 and 2018. The article examines how the club's massive transfer spending during this period impacted the broader football market and other clubs.
Why it matters
The investigation highlights significant financial rule-breaking in elite sports, raising questions about the integrity of transfer markets and the long-term consequences for the Premier League.
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.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in