City was 14th in 2006/07 season pre-Thakshin takeover with hardly any useful player
This isn't really relevant, but I do often wonder where City would be nowadays if:
- a) Sven & Shinawatra had never fallen out
- b) Shinawatra was just a regular millionaire instead of a criminal in exile.
It's easy to forget that Sven had City 3rd in November and as high as 4th going into Christmas 2007. After that little run, Shinawatra got twitchy feet and started pushing for us to hire a more high profile manager, which badly affected the team's focus and resulted in us slipping down the table. We won both derbies and ended up finishing 9th, qualifying for the Europa League via the Fair Play table. We were taken over by Sheikh Mansour that summer and Sven was replaced by Mark Hughes (a weaker manager, in my opinion), but the team was still largely formed of players bought under previous managers and ownership - the only player bought with ADUG money that summer was Robinho. We ended up finishing 10th and reached the Europa League quarter-finals.
Obviously the rest is history. We buy Craig Bellamy, Nigel de Jong, Wayne Bridge in January, then Tevez, Barry, Lescott, Adebayor in the summer, and finish 5th the following season. But without the Sheikh's money I still think we had a good side. We never would have troubled the top four (at least not the old Sky Four), but Sven had a good thing going with us before Thaksin started meddling. There was no reason to think Hart, Zabaleta, Kompany, Richards, Dunne, Elano, Petrov, etc. (plus a fit, young Michael Johnson) wouldn't have been good enough to consistently finish in the top half and occasionally bother the top 6. We never would have ripped up trees and I think we'd have a similar reputation to Everton (under-achieving side with a big fanbase), but we'd have done alright.
Now, if you want to wonder what we'd have been like had Thaksin Shinawatra never taken over, that's another thing entirely. I think we'd be firmly in the Championship these days, after being relegated alongside 11-points Derby County the following season (07/08). Pearce would have been sacked, we'd have replaced him with Steve Bruce, and maybe flirted with promotion/relegation on and off before eventually accepting we were never going to be a big club again. Our chairman at the time, poor old John Wardle, had to pour £2m of his own cash into the club to stop us going bust. There are numerous tales from people on the inside during the Wardle/Pearce years and not one of those stories are happy ones.