Manchester City chief executive Ferran Soriano has pointed the finger at Arsenal, Chelsea and Manchester United over their transfer spending.
The club CEO was at the Etihad Stadium on Wednesday night as City thrashed Real Madrid 4-0 to reach their second Champions League final and keep their treble hopes alive.
City are expected to retain the Premier League title this weekend - their fifth in six seasons - and face rivals United in the FA Cup Final a week before the European showdown with Inter on June 10.
The club's success is overshadowed by the 115 charges handed down by the Premier League of breaking financial fair play rules between 2009 and 2018.
But Soriano, when asked about the allegations of financial doping in relation to City's on-field success, insisted other teams had spent far more money.
"Look, you only have to look at the investment in players in England in the last year, three years, five years… we are never the club spending the most on players," he told Movistar.
"There are many other clubs investing more money than us – Chelsea, Manchester United, Arsenal.
"Saying that we’ve spent a lot of money and we won because of that is just not true."
Chelsea's have spent around £600m across the last two transfer windows and are the Premier League's biggest spenders over the past decade, but City are not too far behind and remain ahead of every other domestic rival.
City will now look to win the Champions League for the first time, having lost to Chelsea in the final two years ago.
"The Champions League is a bit symbolic," Soriano added. "We work every day for the Premier League, it’s a very difficult tournament to win. If we do it this year, it will be the third in a row, five in six years.
"From my experience, I know that you cannot base all your strategy on winning the Champions League, because it depends on the draw, a bad day… but yes, when we win it, which we will do one day, it will be something symbolic."
