A good number of very salient points there Catcher.
Particularly about the racism. City are owned by Arabs. Thefore it is 'dirty oil money' from brown people. That is bad.
Liverpool are owned by Americans so money generated by hedge funds and totally corrupt banks (Standard Charter) is clean money from white people. So that is good. The Guardian are pretty much openly blatant regarding their racism for Manchester City (not to mention the Daily Mail). As you say, the same with the Glaziers who have nothing short of financially raped Manchester United football club and the same is about to happen to Burnley - but hey that's OK. Nothing said by the TV & media companies at all. Infact FSG are held up as the ideal business model in football.
City have spent oodles of money, of course they have. However, so have every other club who have won the PL title. United, Liverpool, Arsenal, Blackburn and even Leicester broke FFP rules in 2013 which enabled them to get promoted and back into the PL and win the title 2 seasons later. And it will continue to stay that way. You are also correct about PL before Abramovich. United won the PL something like 8 times in 11 years (and Ferguson broke the British transfer record something like 6 times during his reign). They threw money and wages around like nobody's business and totally dominated the league. Basically, they had become the Bayern Munich of English football (ironically with very significant sponsorship money from Saudi Arabia). What a lot of people don't realise or refuse to acknowledge is that City was forced to throw the money around after the takeover as FFP was being introduced, initially to stop Chelsea and then by default City or any other club that had serious financial resources to invest. We had to buy the likes of Aguero, Yaya Toure, David Silva etc before the gates closed forever. It wasn't by choice. Everyone goes up in arms and say City have spent a billion pounds since the takeover! Yes they have but the CFG group is now valued at $4.8 billion dollars. It is completely debt free and City have made a profit year on year since 2015. To me that is extremely savvy financial investment. All done whilst the club are winning trophy after trophy. As I have posted before, just wait for the media to get their teeth in Everton when you start to win trophies and usurp your neighbours across Stanley Park. It will be relentless, day after day, week after week. There will be story after story casting dubious aspersions on how Moshri made his money and where it has come from? Your fans will be held personally responsible for any human rights abuses they can think off. Matthew Syed of The Times actually referred to City fans as 'Vicious Rats' over human rights abuses. Be ready for accusations of 'Sportswashing' and your fans will be 'PR stooges' just like me and the other odd 55,000 fans who have supported my club and your club since you were school childern. Basically it boils down to two things in my mind: The first is racisim, without a doubt. The second one is fear. The fear of the established so called 'elite' cartel clubs who are scared to death that some other club outside of their cosy, corrupt group may come along and take their place at the top table and force them off the gravy train that they believe they are entitled to.