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Recently, City made headlines for its January transfer window activity, where they splurged approximately £180 million. When questioned about whether this spending was due to expectations of a potential transfer ban as a consequence of the financial allegations, Guardiola clarified his position. He emphasized the need to understand the context of the club's financial strategy over the years.
Guardiola pointed out that while City has been invested in the transfer market, the net spend over the past five years positioned them as one of the lesser spenders in comparison to other elite clubs in the league. In his analysis, he noted that Manchester City has ranked lowest in net spending among the top six teams during the last three seasons, thus undermining claims that they overspend recklessly.