Manchester City spent about £1.2bn on new players in the transfer windows between summer 2009 and January 2018. In that time, the club won seven major trophies - three Premier Leagues, one FA Cup and three EFL Cups - having previously gone without a significant honour since 1970. The graphic below demonstrates how much Manchester City spent each summer across the whole time period and contrasts it with the amount of money that the commission determined had been falsely pumped into the club by its owners, under the guise of sponsorship income.