Man City Financial Fairplay: Man City FFP Investigation: The Premier League submitted a number of alleged Manchester City Financial Fairplay Rules (FFP) infractions to an impartial tribunal after four years of investigations. The allegations cover nine seasons, from 2009–10 to 2017–18, and include exaggerated sponsorship earnings in addition to alleged breaches of player and management contracts. The inquiry into Manchester City began in December 2018, but as the Premier League stated in their announcement, it essentially dates back to the entire prior decade. The Football Leaks data that revealed Manchester City’s FFP violations were provided by the German tabloid Der Speigel a month earlier, in November of that year. Follow Premier League LIVE Updates on InsideSport.IN
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Man City Financial Fairplay: Der Spiegel’s LEAKED Documents Prompted Investigations about Manchester City’s FFP breaches – Check FFP Breaches & Details
The largest shareholder and owner of Manchester City, Sheikh Mansour, was allegedly inflating sponsorship deals with Emirati companies in order to boost the English team’s revenue over the course of a week, according to German media. All sponsors, according to Der Spiegel, have close ties to the UAE government.
The punishments that the independent commission could impose on Manchester City: pic.twitter.com/CsDzCmJ7PF
— Sky Sports Premier League (@SkySportsPL) February 6, 2023
Furthermore, Der Spiegel reported in April of last year that “the holding company behind Manchester City appears to have violated the rules by paying millions in fees to player agents and also orchestrated a secret, triangular deal to sign an underage player”
Man City Financial Fairplay: Der Spiegel’s LEAKED Documents Prompted Investigations about Manchester City’s FFP breaches – Check FFP Breaches & Details
The first accusation is that “underage players were financially coerced into signing contracts with City” Second, Sheikh Mansour, the club’s owner, made the final payment because sponsors from Abu Dhabi “provided only a portion of their payments to the club.” Last but not least, former boss Roberto Mancini received payment through a “fictitious consultancy contract” for a “significant portion” The claims, which City has continually denied, are ones they feel are intended to undermine the squad.
The secret contract Roberto Mancini signed could end up being a key factor in this whole situation. Der Spiegel reported that information obtained through the Football Leaks investigation showed that the Italian coach had been paid through a false work contract as a consultant to Al Jazira. He earned 1.9 million euros from this contract in addition to the 1.6 million euros he was receiving as Manchester City’s manager.
Man City Financial Fairplay: Der Spiegel’s LEAKED Documents Prompted Investigations about Manchester City’s FFP breaches – Check FFP Breaches & Details
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