The CEO of Manchester City refuted suggestions that the team had purchased success, asserting that Manchester United, Arsenal, and Chelsea had all spent more money. The Sky Blues have never been reluctant to spend a lot of money on transfers, and they did so under owner Sheikh Mansour’s leadership. When City acquired Jack Grealish for £100 million ($124 million) in the summer of 2021, they did smash the British transfer record. but have a tendency to look for value in crowded marketplaces rather than hand-picking the top candidates. Ferran Soriano is keen to dispel any notion that a 2022–23 treble bid at the Etihad Stadium is based solely on having the largest bank account. Domestic rivals have followed that lead, with Chelsea spending around to £600 million ($747 million) in the last 12 months.but have a tendency to look for value in crowded marketplaces rather than hand-picking the top candidates. Ferran Soriano is keen to dispel any notion that a 2022–23 treble bid at the Etihad Stadium is based solely on having the largest bank account. Domestic rivals have followed that lead, with Chelsea spending around to £600 million ($747 million) in the last 12 months.
After learning that City has a date with Inter in the 2023 Champions League final, Soriano spoke to Movistar and said: “Look, you only have to look at the investment in players in England in the last year, three years, five years… we are never the club spending the most on players. There are many other clubs investing more money than us – Chelsea, Manchester United, Arsenal. Saying that we’ve spent a lot of money and we won because of that is just not true.”
After winning four straight Carabao Cups under Pep Guardiola’s leadership, City is on track to win their third consecutive Premier League title this season and their fifth in the past six. They are also vying for FA Cup and Champions League triumph.
While City is eager to draw attention away from their spending, the Premier League has slapped them with 115 charges related to alleged Financial Fair Play violations. They are still awaiting word on what, if any, sanctions they will receive as a result of these alleged transgressions.
