So much praise has been heaped on Pep Guardiola this season.

Rightful praise, it should be said, for Guardiola has built one of the greatest sides ever seen in the Premier League. Manchester City are 11 points clear of second-placed Manchester United after 16 games, and have just broken the record for most top flight league games won in a row, in a single season – 14.

However, it is worth taking into account just how much money City have spent in the transfer market since Guardiola was hired.

Jose Mourinho, the Man United boss, is often accused of being a chequebook manager, but Guardiola has outspent his rival in both the years they have been in charge of their respective Manchester clubs.

In 2016-17, Man United’s net spend was £99.22m to City’s £145.15m, while this season – so far – the Red Devils have spent £138.3m to City’s £142.05m.

Even accounting for only gross spend, City’s total outgoings are higher than United’s since the start of the 2016-17 campaign, with Guardiola spending £365.85m in comparison with Mourinho’s expenditure of £291.3m.

These days, it seems unfair to label anyone a chequebook manager, seeing as all clubs spend millions upon millions on players every year.

However, there is no denying Guardiola has spent more money than anyone else since he arrived in the Premier League, and it is no coincidence Manchester City are on course to win the league championship for the first time since 2014.

The full breakdown of money spent and received can be seen below:

*Not including add-ons. Only listing players who were sold or signed for a fee

Manchester United

Manchester United 2016-17 – Total net spend = £99.22m
In – Total spent = 145.3m

Eric Bailly – £30m
Henrikh Mkhitaryan – £26.3m
Paul Pogba – £89m

Out – Total received = £46.08m
Paddy McNair and Donald Love – combined £5.5m
Tyler Blackett – £1.6m
Will Keane – £1m
James Weir – £180,000
Morgan Schneiderlin – £24m
Memphis Depay – £13.8m

Manchester United 2017-18 – Total net spend = £138.3m
In – Total spent = £146m
Victor Lindelof – £31m
Romelu Lukaku – £75m
Nemanja Matic – £40m

Out – Total received = £7.7m
Adnan Januzaj – £7.7m
Guillermo Varela – Undisclosed

Manchester City

Manchester City 2016-17 – Total net spend = £145.15m
In – Total spent = £167.15m
Ilkay Gundogan – £20m
Nolito – £13.8m
Oleksandr Zinchenko – £1.7m
Leroy Sane – £37m
Marlos Moreno – £4.75m
John Stones – £47.5m
Claudio Bravo – £15.4m
Gabriel Jesus – £27m

Out – Total received = £22m
Edin Dzeko – £10.8m
Stevan Jovetic – £12.2m
Seko Fofana – £3.8m
Florian Lejeune – £1.2m

Manchester City 2017-18 – Total net spend = £142.05m
In – Total spent = £198.7m
Bernardo Silva – £43m
Ederson – £34.9m
Kyle Walker – £45m
Danilo – £26.5m
Benjamin Mendy – £49.3m

Out – Total received = £56.65m
Nolito – £7.65m
Aleksandar Kolarov – £5.25m
Kelechi Iheanacho – £25m
Fernando – £4.75m
Samir Nasri – £2m
Wilfried Bony – £12m