According to Manchester Evening News, Manchester City FC signed 45 players between 2009 and 2018 with a combined budget of £1.2 billion.

Manchester City FC's success over the past 15 years has been questioned following the Premier League's ruling on allegations of breaching financial regulations. An independent commission found Manchester City FC guilty of breaching financial rules across all charges covering the 2009-10 to 2017-18 seasons. The panel found that Manchester City FC inflated revenue and reduced costs through a £1 billion scheme involving multiple fake sponsorship deals.
Manchester City FC continues to deny any wrongdoing and plans to appeal the decision. The club could face severe sanctions, including expulsion from the Premier League, points deduction, and substantial fines.
These 45 players helped Manchester City FC win 7 major trophies, including 3 Premier League titles. Below is an assessment of Manchester City FC's transfer activity during this period.
2009/10 Season (£126 million spent):
While not yet legendary, Tévez was one of the most significant signings of that era. Signing Tévez from Manchester United was a clear statement of Manchester City FC's ambitions under their new ownership.
Kolo Touré and Gareth Barry, though less prominent signings, had significant impact on the team. Adebayor looked promising on paper but faded after a strong start. Santa Cruz's time at Manchester City FC was unsuccessful due to injuries and competition for places.
2010/11 Season (£157 million spent):
David Silva spearheaded this excellent signing spree, followed by Yaya Touré. Kolarov and Milner were also excellent, trustworthy players. Dzeko deserves more credit, including his crucial equalizer against Queens Park Rangers. Balotelli combined outstanding performances with a distinctive personality.
2011/12 Season (£78 million spent):
Agüero's place in Manchester City FC's history requires little explanation. He may be the greatest signing of that era. Nasri was sometimes brilliant but also inconsistent. Clichy provided stability at left-back. Savic had a poor season at Manchester City FC, nearly disastrous.
2012/13 Season (£53 million spent):
After what could be argued as the most successful transfer window, Manchester City FC had what might be their worst. Nastasic started well and won the PFA Young Player of the Year award in his first season, but his form declined later. García was a reliable midfield reinforcement but didn't exceed expectations, and the remaining signings could be considered failed transfers.
2013/14 Season (£99 million spent):
Fernandinho was one of Manchester City FC's most important signings and is widely regarded as one of the best defensive midfielders in Premier League history. Negredo played a key role in winning the 2013/14 title and earned fan praise, but injuries damaged his Manchester City FC career. Navas, a utility player, also had excellent periods, while Jovetic was similarly hampered by injuries.
2014/15 Season (£88 million spent):
Fernando's best performance was mediocre, while Mangala and Bony were complete transfer failures. Caballero was a popular and reliable backup goalkeeper who saved three penalties in the League Cup final shootout against Liverpool.
2015/16 Season (£179 million spent):
De Bruyne was not only a rival for Manchester City FC's best player of that era but also one of the greatest players in Manchester City FC's history. Sterling performed well, but given the clear decline in his form in subsequent years, Manchester City FC's decision to sell him was correct. Otamendi and Delph were also excellent, trustworthy players.
2016/17 Season (£185 million spent):
This was another excellent transfer window overall, with Stones and Sané standing out. However, Bravo and Nolito failed to meet expectations, and Gabriel Jesus became an excellent backup to Agüero.
2017/18 Season (£272 million spent):
This was the most expensive season in this period, with Manchester City FC signing Laporte, Ederson, Kyle Walker, and Bernardo Silva, all of whom became key players for the team later. Danilo was a reliable squad player, while Mendy's Manchester City FC career ended prematurely due to off-field issues.
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