Bedfordspurs
Chris Waddle
According to this:
https://www.transfermarkt.co.uk/manchester-city/transfers/verein/281
17/18 = £224.37m
16/17 = £191.70m
15/16 = £191.61m
14/15 = £79.47m
13/14 = £104.40m
So in just 5 seasons = £791.55
Of course that doesnt take account of sales, but I think it shows it is entirely believable they have spent obscene amounts...
And the second highest wage bill in the world