Which clubs did Man City's 'inflated' money flow to in transfer market?

The money flowed around football. It made a lot of other clubs richer. It helped teams everywhere and especially in the Premier League.

These have been some of the arguments used by those backing Manchester City in the media and online since the verdicts declaring the club guilty came in and an appeal was announced. The suggestion is that there was a net benefit to the game as a whole, and in particular the clubs to whom Manchester City paid big transfer fees.

The more than £900m by which the independent commission found the club had "inflated" its accounts was not all spent on transfer fees.