As it is reported that Manchester City spends over £160 million this summer we assess the value of the signings they've made. In June, when Manchester City signed Raheem Sterling from Liverpool for a transfer fee of £44 million (plus £5 million in add-ons), the deal made headlines as the second most expensive transfer fee ever paid by a Premier League club. (The record belongs to Manchester United, who paid £59.7 million to bring Angel di Maria to England from Real Madrid a year ago.) Just a few months later, with deadline day looming for the summer 2015 transfer window, Man City grabbed headlines once again for paying the second highest transfer fee in English football history-this time in the form of a reported £55 million deal to sign Kevin de Bruyne from German club Wolfsburg.

Looking Good

For those keeping score, that means Manchester City broke their own transfer fee record not once, but twice over the course of the just-closed 2015 summer transfer window. Those two transfers alone cost the Sky Blues more than £104, paving the way for the approximately £160 million that the football club spent in the space of about three months.

Already, Man City seem to be seeing positive results from their expensive summer. The soccer club have established an early lead in the 2015 2016 Premier League, and fans are excited to see how the likes of Sterling and de Bruyne-as well as other summer arrivals, like Valencia defender Nicolas Otamendi (himself a £28.4 million investment) and Aston Villa midfielder Fabian Delph (an £8 million transfer)-perform this season. Add the fact that the Sky Blues didn't lose any of their big stars over the summer-the biggest exit was forward Alvaro Negredo moving to Valencia for £22 million, and he was on loan to Valencia last season anyway-and things are looking pretty good for Manchester City at the moment.

Financial Fair Play? 

But while Manchester City (and manager Manuel Pellegrini) have set themselves up to have a great 2015 2016 season, some analysts, journalists, and even fans in the soccer community are questioning whether or not the club's exorbitant spending is fair or even ethical.

Under the Financial Fair Play rules that the UEFA passed a few years ago to try to prevent a veritable arms race of spending among European football clubs. But those rules weren't warmly received by most clubs, and UEFA ended up actually relaxing their restrictions earlier this year, worried that the rules were actually hurting smaller clubs trying to catch up with the larger ones.

Manchester City Home Shirt 2015 - 2016The result of the relaxed restrictions? A reported £870 million dropped just by Premier League teams during the summer transfer window. That's the highest summer transfer window spend total in English football history.

Still, outside of the Premier League, spending totals were nowhere near as high. The Italian Serie A and the Spanish La liga were second and third in total spending, but each totaled out at less than half of the Premier League's £870 million benchmark. The Serie A total was £405 million, while La Liga spent £400 million. To be fair, though, the La Liga number would have been higher had Barcelona not been facing a transfer ban, and had Real Madrid not been so evidently content with their existing lineup. After all, between, those two La Liga clubs have the lay claim to the five highest transfer fees ever paid in association football-for Gareth Bale, Cristiano Ronaldo, Luis Suarez, Neymar, and James Rodriguez, in that order.

What do you think about all of the big spending? Are the Sky Blues just trying to get the best players to don the Manchester City football shirt 2015 2016 and compete for the Premier League title this season? Or are they testing the boundaries of UEFA's Financial Fair Play philosophy? Connect with Soccer Box on social media to share your thoughts! You can find us on multiple networks including Twitter, Instagram, and LinkedIn.