I don’t think it is just those clubs (or really any US owned clubs) who have an issue with what City have done so to put this as US owners against nation states running footballNot that City are really owned by a nation state, but the days when blokes owning a chain of shops could run successful football clubs are lost in the mists of time.
The top clubs at the time thought they'd cornered the market with the formation of the PL, not realising that in making it all about the money more than ever before, bigger and better 'players' would move in.
Football has become embroiled in a business war. The self-entitled clubs in the PL and other top European leagues can't afford to let new challengers in as missing out means losing tens upon tens of millions. For US owners in particular, with their model of taking out more than they invest in a club, this is unacceptable.
Clubs is misleading. Many fans of clubs outside the premier league don’t like what Man City are doing (nor other clubs who have similarly been so financially dominant).