I disagree with a lot of what you're saying, and I dont see why people are so outraged by City, or any other club spending large sum of money on players, and I've explained why I have that view a number of times.
What we currently have is a competative league - in terms of entertainment the best in years in my view. I like the City and United rivalry, I like Jose being back at Chelsea and it'll be a good season with plenty of twists and turns - that's why I like football and sport in general.
What I see is a lot of hypocritical United fans on here bleating about what City have spent. Nobody was complaining when we bought Veron, or Van Nistelrooy, or Ferdinand, or Rooney, or Roy Keane (british record), Jaap Stam (record for a defender), Henning Berg (british record for a defender) or were in for Alan Shearer at what was then a massive sum of money, or when players at United were getting contracts far and above what other PL clubs could offer (Keane on £70k a week, Ronaldo the first player on £100k plus etc). The fact was very few clubs could compete - so United had it all their own way a lot of the time.
People defend this by saying "the money was all self earned" - but it made little difference because just like Liverpool in the 70's and early 80's one club could buy all the best players and even title rivals were left behind. It wasnt a level playing field, irrespective of the fact that United had every right top spend their money how they saw fit.
What I see now is a lot of fans professing to be concerned about the health of the game and wanting to stop the madness. What they actually want is United to be able to spend huge sums on world class players like Fabregas and Ronaldo, and other clubs not to be able to and thereby return to the old days.
If I were a fan of another club and I saw United spending huge sums - despite being hundreds of millions in debt I'd ask why that was fine but being funded by a rich owner isn't. Bottom line for me - modern football is all about money. United have been the driving force in this country, hence why they're worth so much, they benefit from the PL as a product as much, if not more than any other club - the better the product, the more they make so I have no issue with it. And the holier than thou attitude I find bizzare - we'll win sometimes, lose sometimes, but I wouldnt have it any other way - it'd be boring otherwise.