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NEWS · 03 Oct 2026

Man City’s inflated transfer money trail: where did the cash go?

BBC Sport has traced the flow of inflated transfer fees paid by Manchester City to a range of clubs during the club’s period of financial rule‑breaking. The investigation highlights how the money moved through the transfer market, raising questions about compliance and fair play. The findings shed light on the broader impact of City’s spending practices.

BBC Sport has followed the trail of transfer money that flowed to other clubs during Manchester City’s period of financial rule‑breaking. The investigation sought to map the movement of inflated fees across the transfer market and to identify the recipients of the cash.

During the years in question, City was found to have breached financial regulations, which led to a series of investigations into the club’s spending practices. The focus of the probe was on how the club’s financial activities were conducted and whether they complied with the rules set by governing bodies.

The analysis revealed that money paid in connection with player transfers was routed to a number of clubs, both within the Premier League and in lower divisions. While the exact details of each transaction remain under scrutiny, the pattern of payments suggests a systematic approach to moving funds through the market.

These findings are significant because they raise concerns about the fairness of competition and the integrity of the transfer system. If clubs are able to move money through other teams, it could undermine the principles of financial fair play and level the playing field.

Moving forward, the investigation will continue to examine the broader implications of City’s spending. The outcome may lead to further regulatory actions and could prompt a review of transfer rules to prevent similar practices in the future.