Although parachute payments offer some financial protection, dropping out of the Premier League still results in a significant loss of revenue.
Could the clubs that ended their seasons in 18th place, just one position short of survival, claim they may have avoided relegation if not for City?
This issue can be considered from two perspectives.
The first concerns their matches against City, who collected at least four points from every team finishing 18th except Birmingham.
The second is that City could build a squad of a higher standard than their financial position might otherwise have permitted. Without that advantage, could they have found themselves fighting relegation?
This does not mean City would necessarily have gone down; the question is whether the circumstances affected that possibility.
The calculation uses the total prize money received by the club finishing 20th in the next season, providing an estimate of the minimum return from remaining in the top division.
The first year of parachute payments is then subtracted to determine the net figure.
Hull were relegated twice during the period, producing an estimated loss of £93.78m.
They also finished below City on four occasions, adding £5.2m in positional prize money to the calculation.
That places the East Yorkshire side second among the most affected clubs, with an estimated total of £99m.
Swansea rank third at £63.1m. Relegation accounts for £54m of that amount, while the remaining £9.1m comes from positional payments across their seven top-flight seasons.
Newcastle were relegated after finishing 18th in the 2015-16 campaign, leading to a projected impact of £60.4m, including £7.9m in positional prize money.
Other clubs relegated from 18th place included Norwich (£43.8m), Wigan (£39.6m), Burnley (£31.1m), Bolton (£26.4m) and Birmingham (£25.1m).
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