Premier League clubs spent approximately £370 million ($459m) in this past transfer window, with Manchester City paying out £180m ($223m), nearly as much as the other 19-top flight teams.

Both City and the Premier League claimed a victory after October’s initial ruling that found three aspects of the APTs were unlawful, most notably around the deliberate exclusion of shareholder loans, which is when a club borrows money from its ownership group, usually interest-free.

Football fans have been reacting to the news that the Premier League have lost their legal case against Manchester City